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Technicals for Sundram Fasteners Limited
By MusingTheNews
2025-06-13 20:56
Overall Technical outlook
Price Summary
On 2025-06-13, Sundram Fasteners Limited's stock opened at 963.0, reached 985.3, hit a low of 963.0, and rose 1.93% to close at 981.6, with 39246 shares traded. The stock's highest price in the past 52 weeks is 1479.45, while its lowest price during the same period is 848.6. 3 analysts forecast that the price of SUNDRMFAST will range from 980.0 to 1576.0, with an average expected price near 1262.3334.
Technicals
Support and Resistance: The price currently sits at 981.6, finding support at 976.15 and resistance at 1045.4. These levels define a range for Sundram Fasteners Limited where the price may move, with 976.15 offering a base and 1045.4 limiting upward momentum. Support/Resistance for SUNDRMFAST
Aroon: Aroon's bearish trend persists for SUNDRMFAST, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with additional indicators is necessary to fully assess the trend's future trajectory. Aroon chart for Sundram Fasteners Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, after previously being positioned below it. This shift suggests that the market may be bouncing back from oversold conditions, potentially signaling a weakening of the bearish trend. The crossover could indicate the beginning of a recovery or a change in momentum, with the market possibly entering a more bullish phase. Bolinger Bands chart for Sundram Fasteners Limited
Parabolic SAR: The PSAR maintains a bearish outlook for SUNDRMFAST, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued. Parabolic Stop and Reverse chart for Sundram Fasteners Limited
Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Stochastic chart for Sundram Fasteners Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for SUNDRMFAST, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Sundram Fasteners Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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