STARHEALTH - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.8

Here’s a detailed technical breakdown of STARHEALTH

📊 Trend Analysis

Current Price: ₹436 is hovering near the 50-DMA (₹431) but below the 200-DMA (₹447) — a sign of short-term consolidation with mild bearish undertones.

52-Week Range: ₹327 – ₹648, with current price ~33% below the high, indicating downward pressure over the past year.

Trend Status: Consolidating, with no strong breakout or breakdown signals.

📈 Momentum Indicators

RSI (51.2): Neutral zone — neither overbought nor oversold. Suggests lack of strong momentum.

MACD (1.41): Slightly positive, but not convincingly bullish. Indicates mild upward bias, but not a strong buy signal.

Volume: Current volume (5.79L) is significantly below 1-week average (13.42L) — showing weak participation, which limits breakout potential.

📉 Moving Averages

Indicator Value Signal

50-DMA ₹431 Price slightly above — short-term support

200-DMA ₹447 Price below — long-term resistance

📌 Bollinger Bands

Price is near the middle band, suggesting low volatility and range-bound movement.

No squeeze or breakout pattern currently visible.

📍 Support & Resistance Zones

Level Price (₹) Type

Support 1 428–431 Near 50-DMA

Support 2 410–417 Fibonacci retracement zone

Resistance 1 447–452 200-DMA & recent highs

Resistance 2 486–504 Previous swing highs

🎯 Entry & Exit Zones

Optimal Entry: ₹428–432 (near support and 50-DMA)

Exit Target: ₹447–452 (first resistance zone); ₹486+ if breakout occurs

Stop Loss: ₹417 (below key Fibonacci support)

🔍 Short-Term Signals

No strong bullish or bearish divergence in indicators.

Consolidation phase with potential for breakout if volume picks up and price crosses ₹447 convincingly.

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