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Technicals for Zee Entertainment Enterprises Limited
By MusingTheNews
2025-04-25 21:01
Overall Technical outlook
Price Summary
The stock of ZEEL sank -5.06% today, reflecting a awful market performance. On 2025-04-25, Zee Entertainment Enterprises Limited's shares started at 114.0, peaked at 114.3, bottomed out at 106.57, and ended -5.06% lower at 108.23, with 13899426 shares traded. Over the past 52 weeks, the stock reached a maximum price of 166.8 and a minimum price of 90.17. According to 19 analysts, the future price is anticipated to vary between 100.0 and 200.0, with an average expected price of around 146.15788.
Technicals
Support and Resistance: At 108.23, the price for ZEEL is supported at 103.66 and resisted at 114.9. This indicates a trading range where 103.66 serves as a support level, potentially preventing further decline, while 114.9 could limit upward movement. Support/Resistance for ZEEL
Aroon: The current reading of the AROON is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Aroon chart for Zee Entertainment Enterprises Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Bolinger Bands chart for Zee Entertainment Enterprises Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for Zee Entertainment Enterprises Limited
Stochastic: The STOCHASTIC is currently in a neutral position for Zee Entertainment Enterprises 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. Stochastic chart for Zee Entertainment Enterprises Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for ZEEL, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for Zee Entertainment Enterprises Limited
In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can 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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