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Technicals for Sanofi India Limited
By MusingTheNews
2025-10-17 20:54
Overall Technical outlook
Price Summary
Sanofi India Limited's stock, on 2025-10-17 opened at 4707.9, climbed to a high of 4720.0, dropped to a low of 4665.1, and closed up -0.68% at 4676.1, with 13733 shares traded. The top price for the stock in the last 52 weeks is 6794.3, with the bottom price being 4650.0. The future price of SANOFI is projected to range from 5800.0 to 7560.0, with an average expected price of 6491.6665, according to 3 analysts.
Technicals
Support and Resistance: The price of 4676.1 is supported at 4650.0 and faces resistance at 4776.8. This range suggests key levels for SANOFI where the price may stabilize, with 4650.0 acting as a support and 4776.8 as a cap on gains. Support/Resistance for SANOFI
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Sanofi India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Sanofi India Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Sanofi India Limited
Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Stochastic chart for Sanofi India Limited
Tripple Moving Agerage: A bullish trend is signaled by the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages suggest a potential reversal. The weakening momentum in the shorter-term averages hints that the current upward trend might be nearing its end, signaling the possibility of a shift in direction. Tripple SMA chart for Sanofi India Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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