Overall Technical outlook

Price Summary

The stock of USHAMART sank -4.78% today, reflecting a awful market performance.
Usha Martin Limited's stock started the year at 417.25, climbed to a high of 424.8, fell to 393.65, and closed -4.78% lower at 397.3, with 853372 shares traded on 2026-02-02.
Over the previous 52 weeks, the stock reached a high of 481.6 and a low of 289.25.

Technicals

Support and Resistance: The price for USHAMART at 397.3 finds support at 381.25 and resistance at 412.55. This suggests a trading range, where 381.25 serves as a support level and 412.55 acts as a resistance point, potentially capping further gains.
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Support/Resistance for USHAMART


Aroon: Aroon's bearish trend continues, with Aroon Down maintaining its position at the 100 level. This sustained bearish momentum suggests potential ongoing declines. However, to fully understand the trend's implications, it's important to analyze it alongside other indicators to gain a comprehensive view of the market.
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Aroon chart for Usha Martin Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation.
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Bolinger Bands chart for Usha Martin Limited


Parabolic SAR: The PSAR has shifted from bearish to bullish in its latest move, hinting at a possible trend reversal. If this change is corroborated by other indicators, it could represent a significant bullish signal. Traders should watch for additional confirmation to assess the strength of this potential upward trend for Usha Martin Limited.
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Parabolic Stop and Reverse chart for Usha Martin Limited


Stochastic: The Stochastic K-line for USHAMART has moved below the D-line and sits under 20, indicating a mildly bearish signal. This suggests that the market might experience some weakness, though the bearish sentiment is not particularly strong. Investors should stay alert for any additional signals.
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Stochastic chart for Usha Martin Limited


Tripple Moving Agerage: The current alignment of the 20, 50, and 100 moving averages suggests a bullish trend for Usha Martin Limited, but the slopes of the 20 and 50 SMAs are beginning to lose momentum. This weakening could indicate that a change in the trend is approaching, with the potential for the market to shift from bullish to bearish as the current price action loses steam.
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Tripple SMA chart for Usha Martin Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.