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Technicals for Sanofi India Limited
By MusingTheNews
2025-04-25 20:53
Overall Technical outlook
Price Summary
A -2.74% collapse in Sanofi India Limited's stock marked an lousy day on the market. On 2025-04-25, Sanofi India Limited's stock opened at 6450.0, reached a high of 6469.5, dropped to a low of 6201.0, and closed down -2.74% at 6273.0, with a trading volume of 28154 shares. Over the course of 52 weeks, the stock peaked at 10072.65 and hit a low of 4986.85. The price outlook for SANOFI is between 5800.0 and 7560.0, with an average expectation of 6672.3335, as estimated by 3 analysts.
Technicals
Support and Resistance: The current price of 6273.0 for SANOFI finds support at 6054.05 and resistance at 6565.85. These levels define a range in which the price might oscillate, with 6054.05 as a potential support and 6565.85 as a resistance level. Support/Resistance for SANOFI
Aroon: The AROON is currently in a neutral position for Sanofi India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Aroon chart for Sanofi India Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Sanofi India Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Sanofi India 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. Parabolic Stop and Reverse chart for Sanofi India Limited
Stochastic: The K-line for SANOFI has dipped below the D-line on the stochastic indicator, while remaining above 80, suggesting that a bearish price move might be beginning. This pattern could indicate that the market's upward momentum is fading, possibly leading to a decline. Investors should keep an eye on this potential reversal. Stochastic chart for Sanofi India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Tripple SMA chart for Sanofi India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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