SEPC Limited (SEPC) Stock - Complete Technical Analysis - Aug 30, 2024

SEPC Limited Technical Analysis: Key Support, Resistance

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. Let's dive into the technical analysis of SEPC Limited. Currently trading at 25.8, the stock is about 6.93% below its 52-week high of 27.7 and approximately 107.07% above its 52-week low of 12.45. This indicates that the stock is experiencing a strong uptrend from its lows but is facing resistance near its recent highs.

For support and resistance levels, the Classic Pivot Point is at 20.31, with immediate resistance at 23.42, and the next resistance levels are 25.84 and 31.37. Support levels to watch are at 17.89, 14.78, and 9.25. Camarilla and Fibonacci pivot points align closely with these levels, suggesting that the 21.51 to 22.52 range could act as immediate resistance, while 18.2 to 20.49 could be key support levels.

The MACD line is showing positive momentum, indicating bullish sentiment. The RSI, which is currently high, signals that the stock might be approaching overbought conditions, suggesting caution. The Stochastic Oscillator and Stochastic RSI are also in the higher range, reinforcing this view. The ADX value indicates a strong trend, confirming the ongoing bullish phase.

Moving averages provide a mixed picture. Short-term averages like the 10-day EMA and 20-day EMA are above the longer-term ones, which is generally bullish. However, with the stock trading above these moving averages, its important to monitor if it maintains this trend or if a pullback occurs.

The ATR indicates moderate volatility, so traders should be aware of potential price swings. The stock's current price of 25.8 is comfortably above all major moving averages, suggesting a strong uptrend, but it's important to stay alert for any potential corrections as indicated by overbought signals.

Overall, SEPC Limited appears to be in a strong bullish trend, but with high RSI and stochastic indicators, it might be wise to watch for potential pullbacks or resistance at higher levels.