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Technicals for Syrma SGS Technology Limited
By MusingTheNews
2025-04-25 20:56
Overall Technical outlook
Price Summary
Syrma SGS Technology Limited's shares sank -6.5% today, reflecting a lacklustre day on the market. Syrma SGS Technology Limited's stock opened at 523.8 on 2025-04-25, surged to a high of 523.8, hit a low of 486.05, and closed up -6.5% at 489.75, with 1009114 shares traded. In the past year, the highest stock price was 627.6, and the lowest was 379.55. Based on recommendations from 20 analysts, the future price of SYRMA is expected to range from 452.0 to 740.0, with an average price expectation around 587.1.
Technicals
Support and Resistance: The price for SYRMA at 489.75 is supported by the 487.9 level and faces resistance at 527.35. This range indicates key levels where the price may find buyers near 487.9 and sellers near 527.35, defining a trading range. Support/Resistance for SYRMA
Aroon: The AROON 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. Aroon chart for Syrma SGS Technology Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Syrma SGS Technology Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Syrma SGS Technology Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for SYRMA. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Syrma SGS Technology Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for SYRMA. Stochastic chart for Syrma SGS Technology Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Tripple SMA chart for Syrma SGS Technology Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
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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