Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

Savita Oil Technologies Limited

SOTL.BO•BSE
Basic Materials
Chemicals - Specialty
₹373.85
₹5.40(1.47%)
Indian Market opens in 12h 42m

Savita Oil Technologies Limited (SOTL.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Savita Oil Technologies Limited (BSE:SOTL.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

SOTL.BO Technical Analysis Summary

Savita Oil Technologies Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.56)
Trend Strength:Strong (ADX: 38.90)
Volatility:Medium (ATR: 13.73)
Support/Resistance:$343.46 – $378.96 (Bollinger Bands)

Technical conditions suggest Savita Oil Technologies Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 34.55

Bearish
Momentum remains weak below midpoint.

Williams %R: -71.18

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.43

Bullish
Steady upward momentum.

Takeaway:Savita Oil Technologies Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 2.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 38.90

Strong
Strong trend, momentum well established.

ATR (14): 13.73

Rising
Rising volatility, market activity increasing.

CCI (14): -8.84

Neutral
Neutral, no strong directional signal.

Takeaway:Savita Oil Technologies Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$378.96
Middle Band (SMA 20)
$361.21
Lower Band
$343.46
Current Position
Within Bands

Takeaway:Savita Oil Technologies Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$391.49
Middle Line (EMA 20)
$364.02
Lower Channel
$336.55
Squeeze Status
Squeeze On

Takeaway:Savita Oil Technologies Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-9.98K
Money Flow Index58.01Neutral, balanced money flows with no clear signal.
Relative Vigor Index37.11Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Savita Oil Technologies Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Savita Oil Technologies Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ