Overall Technical outlook

Price Summary

On 2026-02-03, Shree Renuka Sugars Limited's stock began at 24.95, climbed to 25.1, dropped to 24.51, and had 0.16% to end at 24.99, with a volume of 3163303 shares.
The stock's highest value over the last 52 weeks is 36.81, and the lowest value is 23.05.

Technicals


Aroon: The AROON is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
RENUKA aroon 206e1b
Aroon chart for Shree Renuka Sugars Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral for RENUKA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction.
RENUKA bbands 206e1b
Bolinger Bands chart for Shree Renuka Sugars Limited


Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist.
RENUKA psar 206e1b
Parabolic Stop and Reverse chart for Shree Renuka Sugars Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
RENUKA stoch 206e1b
Stochastic chart for Shree Renuka Sugars Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for RENUKA, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent.
RENUKA trippleSMA 206e1b
Tripple SMA chart for Shree Renuka Sugars Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.