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Technicals for Sun TV Network Limited
By MusingTheNews
2025-04-25 20:55
Overall Technical outlook
Price Summary
The stock of Sun TV Network Limited experienced a -3.17% tumble, showcasing a lacklustre market performance. Sun TV Network Limited's stock opened at 659.95 on 2025-04-25, surged to a high of 661.65, hit a low of 633.05, and closed up -3.17% at 639.05, with 209686 shares traded. Over the past 52 weeks, the stock reached a maximum price of 916.85 and a minimum price of 560.95. According to 12 analysts, the future price is anticipated to vary between 650.0 and 955.0, with an average expected price of around 761.1667.
Technicals
Support and Resistance: The price sits at 639.05, supported by 581.1 and resisted by 644.95. This indicates a trading range where 581.1 provides a floor, preventing declines, and 644.95 acts as a ceiling, limiting further price increases for SUNTV. Support/Resistance for SUNTV
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 SUNTV, with no strong trend emerging. Aroon chart for Sun TV Network Limited
Bol. Bands: The BOLL BANDS is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Bolinger Bands chart for Sun TV Network Limited
Parabolic SAR: The PSAR remains bullish, reinforcing a significant support level. This steady support suggests that the market's upward trend may continue, providing a solid foundation for potential gains for SUNTV. Investors might see this as an opportunity to capitalize on the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Sun TV Network Limited
Stochastic: The current state of the STOCHASTIC is neutral for SUNTV, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for Sun TV Network Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for SUNTV, 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 Sun TV Network Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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