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Technicals for Sundram Fasteners Limited
By MusingTheNews
2025-12-12 20:57
Overall Technical outlook
Price Summary
On 2025-12-10, Sundram Fasteners Limited's stock opened at 932.6, spiked to 949.7, declined to 925.2, and closed 0.56% higher at 937.85, with 54143 shares traded. During the past 52 weeks, the highest stock price was 1149.25, and the lowest was 848.6. Based on recommendations from 4 analysts, the future price of SUNDRMFAST is expected to range from 1040.0 to 1576.0, with an average price expectation around 1241.75.
Technicals
Support and Resistance: The price sits at 937.85, supported by 926.8 and resisted by 961.1. This indicates a trading range where 926.8 provides a floor, preventing declines, and 961.1 acts as a ceiling, limiting further price increases for SUNDRMFAST. Support/Resistance for SUNDRMFAST
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Sundram Fasteners Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Sundram Fasteners Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Sundram Fasteners Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Sundram Fasteners Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Sundram Fasteners Limited
Tripple Moving Agerage: The 20-50-100 period moving averages suggest a bullish trend, though the weakening slopes of the shorter-term averages raise concerns about a potential reversal. While the overall momentum is still upward, the indications from the faster averages suggest that the trend might be nearing its end, warranting caution. Tripple SMA chart for Sundram Fasteners Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.
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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