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Technicals for UTI Asset Management Company Limited
By MusingTheNews
2025-04-25 20:59
Overall Technical outlook
Price Summary
UTI Asset Management Company Limited's shares declined -4.42% today, reflecting a lacklustre day on the market. On 2025-04-25, UTI Asset Management Company Limited's stock began at 1124.7, peaked at 1129.4, declined to 1062.8, and ended the day -4.42% lower at 1075.0, with 289445 shares traded. During the past 52 weeks, the highest stock price was 1395.0, and the lowest was 896.45. 15 analysts suggest that UTIAMC's future price will lie between 930.0 and 1440.0, with an average expected price of roughly 1194.1333.
Technicals
Support and Resistance: The price currently sits at 1075.0, finding support at 1065.2 and resistance at 1184.0. These levels define a range for UTI Asset Management Company Limited where the price may move, with 1065.2 offering a base and 1184.0 limiting upward momentum. Support/Resistance for UTIAMC
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for UTI Asset Management Company Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for UTI Asset Management Company Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for UTI Asset Management Company Limited
Parabolic SAR: The PSAR for UTIAMC continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for UTI Asset Management Company Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for UTI Asset Management Company Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Tripple SMA chart for UTI Asset Management Company Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make 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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