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Sambandam Spinning Mills Limited

SAMBANDAM.BO•BSE
Industrials
Manufacturing - Textiles
₹115.95
₹1.95(1.71%)
Indian Market opens in 11h 4m

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

Live technical indicators, trading signals, and momentum insights for Sambandam Spinning Mills Limited (BSE:SAMBANDAM.BO).

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 shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.87)
Trend Strength:Moderate (ADX: 23.62)
Volatility:Medium (ATR: 4.55)
Support/Resistance:$90.31 – $118.76 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 66.87

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.23

Bearish
Overbought levels may trigger pullback.

Williams %R: -8.68

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 13.87

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 4.77

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.62

Moderate
Moderate trend, direction gaining strength.

ATR (14): 4.55

Medium
Medium volatility, healthy price movement.

CCI (14): 82.23

Bullish
Bullish, momentum building upward.

Takeaway:Sambandam Spinning Mills Limited shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$118.76
Middle Band (SMA 20)
$104.53
Lower Band
$90.31
Current Position
Within Bands

Takeaway:Sambandam Spinning Mills Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$115.28
Middle Line (EMA 20)
$106.17
Lower Channel
$97.07
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume3.13K
Money Flow Index85.50Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index66.56Bullish, price momentum strongly favors buyers.

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

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

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

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Sambandam 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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