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Technicals for Welspun Living Limited
By MusingTheNews
2025-04-25 21:00
Overall Technical outlook
Price Summary
Welspun Living Limited had a mediocre day at the stock market, and its shares fell -4.39%. On 2025-04-25, Welspun Living Limited's stock started at 130.25, soared to 131.39, dropped to 123.1, and finished the day -4.39% lower at 124.53, with a trading volume of 2610700 shares. Over the previous 52 weeks, the stock reached a high of 207.26 and a low of 106.92. 9 analysts suggest that WELSPUNLIV's future price will lie between 156.0 and 210.0, with an average expected price of roughly 184.33333.
Technicals
Support and Resistance: The price is currently at 124.53, supported by 119.02 and resisted by 139.45. This indicates a range where 119.02 may provide a base for the price, while 139.45 serves as a cap on further upward movement for WELSPUNLIV. Support/Resistance for WELSPUNLIV
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for Welspun Living Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Bolinger Bands chart for Welspun Living 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 Living Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Welspun Living 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 Welspun Living Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.
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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