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Technicals for Eternal Limited
By MusingTheNews
2025-04-25 21:01
Overall Technical outlook
Price Summary
Eternal Limited's stock opened at 237.48 on 2025-04-23, surged to 240.25, dropped to 233.05, and ended 0.74% up at 239.24, with 42294685 shares traded. During the past 52 weeks, the highest stock price was 302.95, and the lowest was 172.0. Analysts' predictions indicate that ZOMATO's future price will be between 130.0 and 385.0, with a mean price expectation of approximately 280.6207.
Technicals
Support and Resistance: The price for ZOMATO at 239.24 is supported by the 227.15 level and faces resistance at 241.87. This range indicates key levels where the price may find buyers near 227.15 and sellers near 241.87, defining a trading range. Support/Resistance for ZOMATO
Aroon: The current state of the AROON 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. Aroon chart for Eternal Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for ZOMATO, 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. Bolinger Bands chart for Eternal 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 Eternal Limited
Stochastic: The stochastic indicator is in a bullish phase, with the K-line positioned above the D-line and the 80 threshold. This alignment suggests strong upward momentum for ZOMATO, indicating that the market may continue to trend higher. Traders might see this as a positive signal for sustained strength. Stochastic chart for Eternal Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages for ZOMATO points to a bullish trend in the market. The slopes of these averages further indicate a mildly bullish sentiment overall. This suggests that while there is some upward momentum, the market is not expected to surge rapidly, but rather to maintain a steady and gradual rise in value over time. Tripple SMA chart for Eternal 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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