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Technicals for SBI Cards and Payment Services Limited
By MusingTheNews
2025-04-25 20:52
Overall Technical outlook
Price Summary
SBI Cards and Payment Services Limited's stock started the year at 875.0, climbed to a high of 898.95, fell to 860.0, and closed -0.85% lower at 867.55, with 5917429 shares traded on 2025-04-25. The stock's highest price over the 52-week span is 926.55, while the lowest price is 663.85. According to 24 analysts, the future price is anticipated to vary between 581.0 and 1100.0, with an average expected price of around 803.6667.
Technicals
Support and Resistance: The current price of 867.55 for SBICARD is supported at 856.75 and faces resistance at 909.65. These levels indicate that 856.75 could act as a floor, while 909.65 might limit any further price increases. Support/Resistance for SBICARD
Aroon: The current reading of the AROON 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. Aroon chart for SBI Cards and Payment Services Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for SBI Cards and Payment Services 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 SBI Cards and Payment Services Limited
Stochastic: The stochastic indicator shows the K-line below the D-line but still above 80, suggesting the possible onset of a bearish price move. This setup hints that the market's recent gains could be reversing, potentially leading to a decline. Traders should monitor this development for further signs of weakness. Stochastic chart for SBI Cards and Payment Services Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for SBI Cards and Payment Services Limited
When analyzing a company, its fundamentals—such as earnings, management efficiency, and strategic initiatives—must be considered alongside technical data. The context of the industry in which the company operates also plays a key role, as market trends and competitive dynamics can significantly impact performance. By taking a comprehensive approach, combining both fundamental and technical analysis, one can gain a deeper understanding of the company's potential for growth or risk.
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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