SEPC Limited (SEPC) Stock - Complete Technical Analysis - Sep 12, 2024

SEPC Limited Stock Analysis: Bullish Trends & Key Levels to Watch NSE Technical Insights

Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Investing in stocks involves risks, and it's essential to conduct thorough research or consult with a financial advisor before making investment decisions. Technical Analysis for SEPC Limited (SEPC)

Current Price: 31.89

Trend Analysis: SEPC Limited is trading at 31.89, which is 4.66% below its 52-week high of 33.45 and 169.11% above its 52-week low of 11.85. This shows a significant uptrend over the past year.

Support and Resistance Levels:

Immediate Support: Around 30.85, where the recent low and Spinning Top candle suggest potential support.

Immediate Resistance: Near 32.42, the high of the recent Spinning Top pattern, which could act as a barrier to upward movement.

Moving Averages:

Short-Term: The stock is above its 10-day EMA (29.26) and SMA (28.93), indicating a bullish short-term trend.

Medium to Long-Term: The price is also above the 50-day EMA (23.29) and SMA (21.72), suggesting a strong upward trend over a longer period.

Technical Indicators:

MACD: The MACD line is above the signal line, indicating bullish momentum.

RSI: At 74.81, RSI is in the overbought zone, suggesting that the stock may be overextended in the short term.

ADX: A high ADX of 46.92 indicates a strong trend, but with the RSI also high, there may be a risk of a correction.

Stochastic %K and Stochastic RSI: Both are in the overbought zone, further supporting the potential for a pullback.

CCI: The Commodity Channel Index is elevated at 125.78, signaling strong momentum but also potential overbought conditions.

Awesome Oscillator: Positive at 7.94, confirming bullish momentum.

Williams Percent Range: At -16.83, this suggests overbought conditions.

Bull Bear Power: Positive at 6.5, indicating bullish strength.

Chart Patterns:

Doji: The recent Doji candle indicates market indecision, which can signal a potential reversal or consolidation.

Spinning Top: This pattern also reflects indecision, suggesting the price might be range-bound in the short term.

Volatility:

ATR: The Average True Range indicates increasing volatility, with recent values ranging between 0.50 and 0.75, which may suggest larger price swings ahead.

Summary: SEPC Limited is experiencing a strong uptrend with bullish indicators, but the high RSI and overbought conditions suggest caution. Support is at 30.85, while resistance is at 32.42. Traders should be aware of potential volatility and consider the possibility of a short-term pullback before making trading decisions.