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Technicals for Suzlon Energy Limited
By MusingTheNews
2025-04-25 20:56
Overall Technical outlook
Price Summary
Suzlon Energy Limited had a lacklustre day at the stock market, and its shares slid -3.33%. 2025-04-25, saw SUZLON's stock open at 60.31, hit a peak of 60.45, fall to a low of 56.72, and close down -3.33% at 58.3, with 104353481 shares changing hands. The stock reached its highest price of 84.7 and lowest price of 39.0 over the last 52 weeks. SUZLON's future price is expected to lie between 60.0 and 82.0, with an average expectation of 71.55556, as per the recommendations of 9 analysts.
Technicals
Support and Resistance: The price sits at 58.3, supported by 58.16 and resisted by 62.22. This indicates a trading range where 58.16 provides a floor, preventing declines, and 62.22 acts as a ceiling, limiting further price increases for SUZLON. Support/Resistance for SUZLON
Aroon: The AROON is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Aroon chart for Suzlon Energy Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Suzlon Energy Limited
Parabolic SAR: The PSAR for SUZLON maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment. Parabolic Stop and Reverse chart for Suzlon Energy Limited
Stochastic: The stochastic indicator for SUZLON shows the K-line falling below the D-line, while remaining above 80, suggesting a possible beginning of a bearish price move. This configuration may indicate that the market's upward momentum is losing steam, potentially leading to a downward trend. Traders should watch closely for further confirmation of this shift. Stochastic chart for Suzlon Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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 SUZLON, with no strong trend emerging. Tripple SMA chart for Suzlon Energy Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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