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Technicals for Usha Martin Limited
By MusingTheNews
2025-08-15 20:59
Overall Technical outlook
Price Summary
On 2025-08-14, USHAMART's stock began at 348.0, peaked at 356.95, dipped to 341.35, and closed up 1.77% at 354.15, with a volume of 387213 shares. The stock's highest value over the last 52 weeks is 440.85, and the lowest value is 289.25.
Technicals
Support and Resistance: The current price for USHAMART is 354.15, supported at 332.9 with resistance at 366.6. This indicates a trading range where 332.9 might prevent further declines, while 366.6 could hinder additional gains. Support/Resistance for USHAMART
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Usha Martin Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for USHAMART, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Usha Martin Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Usha Martin Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for Usha Martin Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for USHAMART, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Usha Martin Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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