Overall Technical outlook

Price Summary

In today's trading, Shree Renuka Sugars Limited's stock tumbled by -3.57%, showcasing an awful market day.
On 2025-04-25, Shree Renuka Sugars Limited's stock opened at 30.5, spiked to 30.6, declined to 29.01, and closed -3.57% lower at 29.41, with 6799368 shares traded.
During the 52-week span, the stock hit a high of 54.47 and a low of 26.12.

Technicals

Support and Resistance: The current price for RENUKA is 29.41, supported at 26.91 with resistance at 30.3. This indicates a trading range where 26.91 might prevent further declines, while 30.3 could hinder additional gains.
RENUKA supportResistance dd0c0a
Support/Resistance for RENUKA


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
RENUKA aroon dd0c0a
Aroon chart for Shree Renuka Sugars Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
RENUKA bbands dd0c0a
Bolinger Bands chart for Shree Renuka Sugars Limited


Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum.
RENUKA psar dd0c0a
Parabolic Stop and Reverse chart for Shree Renuka Sugars Limited


Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn.
RENUKA stoch dd0c0a
Stochastic chart for Shree Renuka Sugars Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for RENUKA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
RENUKA trippleSMA dd0c0a
Tripple SMA chart for Shree Renuka Sugars Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.