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Amarjothi Spinning Mills Limited

Amarjothi Spinning Mills Limited (AMARJOTHI.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Amarjothi Spinning Mills Limited.

AMARJOTHI.BOBSE
IndustrialsManufacturing - Textiles
173.85
9.80(5.97%)
Indian Market opens in NaNh NaNm
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Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AMARJOTHI.BO Technical Analysis Summary

Amarjothi Spinning Mills Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.22)
Trend Strength:Moderate (ADX: 27.03)
Volatility:Medium (ATR: 7.35)
Support/Resistance:$146.95 – $167.09 (Bollinger Bands)

Technical conditions suggest Amarjothi Spinning Mills Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 66.22

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.13

Bullish
Buying momentum building without extremes.

Williams %R: -10.99

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 11.95

Strongly Bullish
Strong upside momentum.

Takeaway:Amarjothi Spinning Mills Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 5.91

Bullish
Bullish, trend momentum is strengthening.

ADX: 27.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 7.35

High
High volatility, wide price fluctuations.

CCI (14): 106.10

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Amarjothi Spinning Mills Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$167.09
Middle Band (SMA 20)
$157.02
Lower Band
$146.95
Current Position
Above Upper Band

Takeaway:Amarjothi Spinning Mills Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$170.68
Middle Line (EMA 20)
$155.99
Lower Channel
$141.29
Squeeze Status
Squeeze On

Takeaway:Amarjothi Spinning Mills Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume63.26K
Money Flow Index85.90Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index62.82Bullish, price momentum strongly favors buyers.

Overall Takeaway:AMARJOTHI.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Amarjothi Spinning Mills Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Amarjothi Spinning Mills Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

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