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Technicals for Suzlon Energy Limited
By MusingTheNews
2025-06-13 20:56
Overall Technical outlook
Price Summary
On 2025-06-13, SUZLON's stock began at 64.19, peaked at 65.48, dipped to 63.32, and closed up 0.84% at 64.73, with a volume of 90283546 shares. The stock reached its highest price of 84.7 and its lowest price of 48.9 during the 52-week period. 9 analysts suggest that SUZLON's future price will lie between 60.0 and 82.0, with an average expected price of roughly 71.55556.
Technicals
Support and Resistance: At 64.73, the price for SUZLON is supported at 63.86 and resisted at 67.95. This indicates a trading range where 63.86 serves as a support level, potentially preventing further decline, while 67.95 could limit upward movement. Support/Resistance for SUZLON
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Suzlon Energy Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Suzlon Energy Limited
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains. Parabolic Stop and Reverse chart for Suzlon Energy Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Suzlon Energy Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that this bearish momentum might be fading. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Suzlon Energy Limited
A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.
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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