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Sambandam Spinning Mills Limited

SAMBANDAM.BO•BSE
Industrials
Manufacturing - Textiles
₹101.99
₹4.49(4.61%)
Indian Market opens in 14h 16m

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:Neutral to Bullish (RSI: 55.40)
Trend Strength:Moderate (ADX: 25.59)
Volatility:High (ATR: 5.77)
Support/Resistance:$86.10 – $100.96 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 55.40

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 69.17

Bullish
Buying momentum building without extremes.

Williams %R: -30.48

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 8.92

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -0.69

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.59

Moderate
Moderate trend, direction gaining strength.

ATR (14): 5.77

High
High volatility, wide price fluctuations.

CCI (14): 211.46

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sambandam Spinning Mills Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$100.96
Middle Band (SMA 20)
$93.53
Lower Band
$86.10
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$105.94
Middle Line (EMA 20)
$94.40
Lower Channel
$82.86
Squeeze Status
Squeeze On

Takeaway:Sambandam Spinning Mills Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-15.48K
Money Flow Index46.06Neutral, balanced money flows with no clear signal.
Relative Vigor Index70.41Bullish, price momentum strongly favors buyers.

Overall Takeaway:SAMBANDAM.BO shows mixed signals in money flow analysis.

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.

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

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

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

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