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Technicals for Sterling and Wilson Renewable Energy Limited
By MusingTheNews
2025-04-25 20:55
Overall Technical outlook
Price Summary
Sterling and Wilson Renewable Energy Limited's stock dived -6.61% today, marking a mediocre performance in the market. On 2025-04-25, Sterling and Wilson Renewable Energy Limited's stock began at 332.7, peaked at 333.0, declined to 310.7, and ended the day -6.61% lower at 310.7, with 3062962 shares traded. The top price for the stock in the last 52 weeks is 804.1, with the bottom price being 219.45. Future price predictions suggest a range between 470.0 and 870.0, with an average expected price of 621.6667, as per 3 analysts.
Technicals
Support and Resistance: The price for SWSOLAR at 310.7 is supported by the 278.5 level and faces resistance at 312.05. This range indicates key levels where the price may find buyers near 278.5 and sellers near 312.05, defining a trading range. Support/Resistance for SWSOLAR
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential. Aroon chart for Sterling and Wilson Renewable Energy Limited
Bol. Bands: The price for SWSOLAR has moved below the upper Bollinger Band, signaling a potential downward trend. Traders might interpret this as a sign that the asset is losing momentum and could see a decline. This technical indicator often suggests that the market is overbought, and a price correction might be imminent, making it a critical point for those considering short positions. Bolinger Bands chart for Sterling and Wilson Renewable Energy Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Sterling and Wilson Renewable Energy Limited
Stochastic: The K-line has moved below the D-line on the stochastic indicator, yet it remains above 80, signaling the potential beginning of a bearish price move for SWSOLAR. This pattern may indicate that the market's upward momentum is starting to wane, possibly leading to a downturn. Investors should watch for further confirmation. Stochastic chart for Sterling and Wilson Renewable Energy Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Sterling and Wilson Renewable Energy Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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