SUNPHARMA is trading near the lows of last 1 year.
In the medium term the prices have been in Downtrend.
Longer to medium Term Trend is Down.
SUNPHARMA Japanese Candlestick Analysis:
SUNPHARMA is trading near the Bottom of the day's range.
Lower High and Lower Low compared to previous day. Bearish
Day's Range: 397.05 ~ 409.25
SUNPHARMA opened at 405.00 compared to previous close of 411.25
2018-12-10 was NR7 day. NR7 day after a trending move usually implies loss of momentum in trend. Range expansion is likely after NR7 day.
1 candlestick pattern: none
2 candlestick pattern: none
3 candlestick pattern: none
SUNPHARMA Gap Support and Resistance
SUNPHARMA day chart has unfilled gap down on 2018-12-03: 461.00~481.75 to act as resistance.
Pivot, Support and Resistance:
*pivot points are calculated based on the closing data of 2018-12-10
SUNPHARMA Volume and Moving Average Analysis:
Day's Range (.)
20 Day Range (.)
50 Day Range (.)
52-Week Range (.)
20-Day SMA: 491.6
20-Day average volume: 19,605,445
SUNPHARMA has average daily volume of 19,605,445 compared to today's volume of 24,691,000. It is currently trading Below 20 day simple moving average.
50-Day SMA: 552.7
50-Day average volume: 10,503,581
Short Term Trend is Down!!!
SUNPHARMA has a resistance around the gap down area between today's high and previous close 409.25 ~ 411.25
It is currently trading about 41% below it's 52-week high.
SUNPHARMA has made a new 52-week low today at 397.05.
For any stock, the 52-week low event is an important milestone because it implies very negative momentum. During such technical setups, fundamental investors usually stay away and are careful buying the stock.
Disclaimer: This tool is designed for educational purpose only. Please consult your financial advisor before making any investing or trading decision. The site does not take any resposibility for any profit or loss.
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