Overall Technical outlook

Price Summary

On 2025-04-25, Sundram Fasteners Limited's shares started at 938.5, peaked at 941.25, bottomed out at 910.7, and ended -1.06% lower at 928.55, with 61291 shares traded.
Over the past year, the stock's highest price was 1479.45, and its lowest was 848.6.
According to 3 analysts, the price of SUNDRMFAST in the future is projected to be between 980.0 and 1576.0, with an average expected price of 1262.3334.

Technicals

Support and Resistance: The current price for SUNDRMFAST is 928.55, supported at 928.8 with resistance at 928.8. This indicates a trading range where 928.8 might prevent further declines, while 928.8 could hinder additional gains.
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Support/Resistance for SUNDRMFAST


Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Aroon chart for Sundram Fasteners Limited


Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty.
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Bolinger Bands chart for Sundram Fasteners Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Sundram Fasteners Limited


Stochastic: The stochastic indicator reflects bullish conditions for SUNDRMFAST, with the K-line above both the D-line and the 80 level. This setup suggests strong upward momentum, implying that the market may continue to experience gains. Investors could interpret this as a sign of ongoing strength.
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Stochastic chart for Sundram Fasteners Limited


Tripple Moving Agerage: The alignment of the 20-50-100 period moving averages suggests a bullish trend, but the slopes of the faster averages raise the possibility of a reversal for SUNDRMFAST. The weakening momentum in these shorter-term averages hints that the upward trend might be losing strength, suggesting that caution may be warranted.
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Tripple SMA chart for Sundram Fasteners Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.