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Sambandam Spinning Mills Limited

Sambandam Spinning Mills Limited (SAMBANDAM.BO) Stock Technical Analysis & Trading Signals

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

SAMBANDAM.BOBSE
IndustrialsManufacturing - Textiles
107.65
4.35(3.88%)
Indian Market opens in 14h 22m
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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

SAMBANDAM.BO Technical Analysis Summary

Sambandam Spinning Mills Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.69)
Trend Strength:Moderate (ADX: 22.72)
Volatility:High (ATR: 5.49)
Support/Resistance:$105.14 – $118.83 (Bollinger Bands)

Overall, Sambandam Spinning Mills Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 42.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -84.64

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -1.64

Bearish
Selling pressure outweighs buying.

Takeaway:Sambandam Spinning Mills Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.27

Bullish
Bullish, trend momentum is strengthening.

ADX: 22.72

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.49

High
High volatility, wide price fluctuations.

CCI (14): -155.42

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$118.83
Middle Band (SMA 20)
$111.98
Lower Band
$105.14
Current Position
Within Bands

Takeaway:Sambandam Spinning Mills Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$122.76
Middle Line (EMA 20)
$111.78
Lower Channel
$100.79
Squeeze Status
Squeeze On

Takeaway:Sambandam Spinning Mills Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume12.96K
Money Flow Index24.94Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.21Bearish, price momentum favors sellers.

Overall Takeaway:SAMBANDAM.BO shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Sambandam Spinning Mills Limited are mixed, suggesting a Hold or wait-and-see approach.

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