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Technicals for Sterlite Technologies Limited
By MusingTheNews
2025-04-25 20:55
Overall Technical outlook
Price Summary
On 2025-04-25, Sterlite Technologies Limited's stock began at 68.3, peaked at 68.3, declined to 67.0, and ended the day 0.0% lower at 68.3, with 1071742 shares traded. The stock's highest price in the past 52 weeks is 148.55, while its lowest price during the same period is 65.05.
Technicals
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for STLTECH, with no strong trend emerging. Aroon chart for Sterlite Technologies Limited
Bol. Bands: The current price has remained below the lower Bollinger Band since the last move, indicating strong downward pressure in the market. This position suggests that the market may be oversold, with continued bearish momentum expected. The prolonged stay below the band points to a potential continuation of the trend unless a reversal occurs, making it an important factor for traders to consider. Bolinger Bands chart for Sterlite Technologies Limited
Parabolic SAR: The PSAR continues its bearish trend for Sterlite Technologies Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Sterlite Technologies Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Sterlite Technologies Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Sterlite Technologies Limited
Tripple Moving Agerage: The 20-50-100 period moving averages are aligned for a bullish trend, but the slopes of the faster averages suggest that this strength may be fading for STLTECH. The weakening momentum in these shorter-term averages hints that a reversal could be approaching, signaling that the current trend might not hold much longer. Tripple SMA chart for Sterlite Technologies Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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