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Technicals for Trident Limited
By MusingTheNews
2026-02-03 21:00
Overall Technical outlook
Price Summary
On 2026-02-02, Trident Limited's stock began at 25.9, climbed to 25.95, dropped to 25.1, and had -0.42% to end at 25.79, with a volume of 6817997 shares. In the last 52 weeks, the stock's top price was 33.48 and the bottom price was 24.02.
Technicals
Support and Resistance: With the current price at 25.79, support is found at 24.52 and resistance at 26.67. These levels indicate where buyers might step in at 24.52, while sellers could limit gains at 26.67, defining a trading boundary for Trident Limited. Support/Resistance for TRIDENT
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Trident 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 Trident Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Trident Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Trident Limited
Tripple Moving Agerage: A bullish trend is indicated by the alignment of the 20-50-100 period moving averages for TRIDENT, but this strength is tempered by the slopes of the faster averages, which hint at a possible reversal. The overall trend remains positive, yet the weakening signals from the shorter-term averages suggest that a change in direction may be imminent. Tripple SMA chart for Trident Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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