Technical Momentum Shifts Amid Mixed Market Signals
Technical Momentum and Price Action
Artson’s share price closed at ₹162.00, marking a day change of 3.95% from the previous close of ₹155.85. The intraday range saw a low of ₹153.00 and a high of ₹163.60, indicating some volatility within the session. Despite this, the stock remains below its 52-week high of ₹216.85, while comfortably above the 52-week low of ₹126.60. This price behaviour suggests that while there is some upward movement, the stock has yet to reclaim its previous peak levels.
The recent shift in technical trend from mildly bearish to sideways reflects a market reassessment of Artson’s near-term prospects. This sideways momentum indicates a period of consolidation where neither buyers nor sellers dominate…
