Technical Momentum Shifts Amid Sideways Trend
The stock closed at ₹1,190.15, down 1.17% from the previous close of ₹1,204.20, with intraday prices ranging between ₹1,177.00 and ₹1,205.00. Over the past 52 weeks, Global Health’s price has fluctuated between ₹995.05 and ₹1,455.85, reflecting notable volatility within the hospital industry. The company’s market capitalisation grade stands at 2, indicating a moderate market size within its sector.
Examining the technical indicators, the weekly and monthly MACD readings both signal a mildly bearish momentum, suggesting a cautious outlook on price momentum over these timeframes. The Relative Strength Index (RSI) on weekly and monthly charts currently shows no definitive signal, indicating a neutral momentum without clear…
