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Technicals for Star Health and Allied Insurance Company Limited
By MusingTheNews
2025-06-13 20:55
Overall Technical outlook
Price Summary
On 2025-06-13, Star Health and Allied Insurance Company Limited's stock started at 435.2, soared to 455.65, dropped to 435.2, and finished the day 1.95% higher at 443.7, with a trading volume of 843358 shares. For the 52-week period, the stock's highest price is 637.75, and the lowest price is 343.1. As per recommendations from 22 analysts, STARHEALTH's future price is expected to span between 380.0 and 640.0, with a mean price around 459.13635.
Technicals
Support and Resistance: The price is currently at 443.7, supported by 442.55 and resisted by 474.95. This indicates a range where 442.55 may provide a base for the price, while 474.95 serves as a cap on further upward movement for STARHEALTH. Support/Resistance for STARHEALTH
Aroon: The AROON indicator is showing a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum in the market. The persistence of the Aroon Oscillator at a low level reinforces the expectation of ongoing declines. Aroon chart for Star Health and Allied Insurance Company Limited
Bol. Bands: The latest price action for STARHEALTH shows a crossover above the lower Bollinger Band, following a period where the price was below it. This move might signal the end of a bearish phase, with the market potentially recovering from oversold conditions. The upward shift suggests that the bearish momentum is slowing, and a possible reversal or stabilization could be taking place. Bolinger Bands chart for Star Health and Allied Insurance Company Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for STARHEALTH. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Star Health and Allied Insurance Company Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Star Health and Allied Insurance Company Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages reflect a bearish trend, with downward momentum. Despite this, the slower SMAs are showing signs of losing steam, suggesting a potential shift. This weakening in the bearish trend could indicate that the market is preparing for a bullish pivot, as the current downward pressure begins to falter, possibly leading to a reversal soon. Tripple SMA chart for Star Health and Allied Insurance Company Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
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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