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Technicals for SKF India Limited
By MusingTheNews
2025-10-17 20:54
Overall Technical outlook
Price Summary
In today's trading session, SKFINDIA's shares slumped by -2.13%, marking a mediocre day. On 2025-10-17, SKFINDIA's stock opened at 2268.0, reached a peak of 2268.0, dropped to 2175.0, and ended -2.13% lower at 2219.6, with a volume of 11718 shares. Over the past year, the stock's highest price was 5343.85, and its lowest was 2219.6.
Technicals
Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications. Aroon chart for SKF India Limited
Bol. Bands: The price is currently below the lower Bollinger Band and has stayed there since the previous move, suggesting a strong bearish trend. This sustained position below the band may indicate that the market is oversold, with continued downward pressure dominating the trading environment. The ongoing bearish momentum could signal further declines unless a reversal takes place, making this a key point for traders to monitor. Bolinger Bands chart for SKF India Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for SKF India Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 points to a mildly bearish market outlook for SKFINDIA. This setup suggests some bearish sentiment, but it is not overly pronounced. Traders should remain cautious and observe the market for further confirmation. Stochastic chart for SKF India Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, but the slopes of the faster averages indicate that this strength may be weakening. The potential for a reversal is becoming apparent, as the shorter-term averages show signs of fading momentum, suggesting that a trend change could be imminent. Tripple SMA chart for SKF India 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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