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Technicals for Trident Limited
By MusingTheNews
2025-04-25 20:58
Overall Technical outlook
Price Summary
In today's trading session, TRIDENT's shares fell by -4.03%, marking a unimpressive day. Trident Limited's stock began trading at 29.06 on 2025-04-25, soared to 29.17, dipped to 27.6, and finished the day -4.03% down at 27.89, with 15857970 shares exchanged. The highest price the stock achieved in the past 52 weeks is 40.78, while the lowest price it saw is 24.02.
Technicals
Support and Resistance: The current price of 27.89 is supported at 27.84, with resistance at 29.74. This suggests that the price for TRIDENT might remain between these levels, where 27.84 acts as a floor and 29.74 as a ceiling in the market. Support/Resistance for TRIDENT
Aroon: The current state of the AROON is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Aroon chart for Trident Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Trident 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 TRIDENT. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Trident Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Trident Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Trident 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 Trident Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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