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Technicals for Triveni Turbine Limited
By MusingTheNews
2025-04-25 20:58
Overall Technical outlook
Price Summary
TRITURBINE's shares experienced a significant -3.16% drop, indicating a lousy market performance. On 2025-04-25, Triveni Turbine Limited's stock began at 523.3, peaked at 524.65, bottomed at 495.05, and closed -3.16% lower at 506.75, with a volume of 1687060 shares. Over the past 52 weeks, the stock reached a maximum price of 834.85 and a minimum price of 477.35. According to 9 analysts, the future price is anticipated to vary between 610.0 and 900.0, with an average expected price of around 744.44446.
Technicals
Support and Resistance: With the current price at 506.75, support is found at 478.3 and resistance at 556.85. These levels indicate where buyers might step in at 478.3, while sellers could limit gains at 556.85, defining a trading boundary for Triveni Turbine Limited. Support/Resistance for TRITURBINE
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 Triveni Turbine Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Triveni Turbine Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Triveni Turbine Limited
Parabolic SAR: The PSAR remains in a bearish mode, setting a resistance level that could impede any upward movement. This resistance indicates that the market may continue to face bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Triveni Turbine Limited
Stochastic: The STOCHASTIC is in a neutral stance for TRITURBINE, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Triveni Turbine Limited
Tripple Moving Agerage: The moving averages for TRITURBINE for the 20-50-100 periods point to a bullish trend, but the slopes of the faster averages suggest this strength may be waning. The potential for a reversal is becoming apparent, as the shorter-term averages indicate that the upward momentum could be weakening, signaling a possible trend change. Tripple SMA chart for Triveni Turbine Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
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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