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Technicals for Welspun Corp Limited
By MusingTheNews
2025-04-25 21:00
Overall Technical outlook
Price Summary
A -4.14% fall in Welspun Corp Limited's stock marked an poor day on the market. Welspun Corp Limited's stock opened at 789.5 on 2025-04-25, surged to 793.0, dropped to 746.25, and ended -4.14% lower at 756.8, with 635513 shares traded. The stock's peak price over the last 52 weeks is 879.4, with the lowest being 471.25. The projected price range for Welspun Corp Limited is between 691.0 and 984.0, with an expected mean price of 880.4, according to 5 analysts.
Technicals
Support and Resistance: The price currently sits at 756.8, finding support at 731.15 and resistance at 798.65. These levels define a range for Welspun Corp Limited where the price may move, with 731.15 offering a base and 798.65 limiting upward momentum. Support/Resistance for WELCORP
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Welspun Corp Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for Welspun Corp Limited
Parabolic SAR: The PSAR continues to signal a bullish outlook, establishing a key support level that reinforces the market's upward momentum. This support could serve as a base for continued gains, suggesting that the bullish trend is likely to persist. Parabolic Stop and Reverse chart for Welspun Corp Limited
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for WELCORP. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Stochastic chart for Welspun Corp Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Welspun Corp 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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