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Technicals for Usha Martin Limited
By MusingTheNews
2025-04-25 20:59
Overall Technical outlook
Price Summary
With a -2.2% collapse, Usha Martin Limited enjoyed a awful day in the stock market. On 2025-04-25, Usha Martin Limited's stock opened at 304.9, reached a high of 308.0, dropped to a low of 290.1, and closed down -2.2% at 298.2, with a trading volume of 932146 shares. The peak price for the stock in the past 52 weeks is 440.85, with the lowest price being 290.3.
Technicals
Support and Resistance: The price is currently at 298.2, supported by 300.45 and resisted by 300.45. This indicates a range where 300.45 may provide a base for the price, while 300.45 serves as a cap on further upward movement for USHAMART. Support/Resistance for USHAMART
Aroon: AROON shows a bearish trend, with Aroon Down moving up and the Aroon Oscillator reversing. This combination suggests a downward trend reversal, signaling that the stock may be entering a period of decline. Investors should be aware of this change as it may reflect increasing bearish momentum. Aroon chart for Usha Martin 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 Usha Martin Limited
Parabolic SAR: The PSAR for USHAMART continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Usha Martin Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for USHAMART, with no strong trend emerging. Stochastic chart for Usha Martin Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Tripple SMA chart for Usha Martin Limited
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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