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Aastha Spintex Limited (AASTHA) — Technical Setup
₹27.30 -1.02% Weak Downtrend Normal Volatility Strong bearish
Summary
Aastha Spintex Limited is in a weak downtrend on the daily chart. RSI(14) is 33.4, MACD is below its signal line, ADX reads 23. Volume in the latest session was 0.1× its 20-day average. Over three months it has underperformed the Nifty 50 by 48.1 percentage points. Nearest resistance is ₹35.43. Its technical score is 9/100 (strong bearish).
🧮 How the 9/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-14.29)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (23.48)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (33.45)0/6
- MACD line above its signal line0/4
- MACD line above zero (-3.37)0/3
- 12-day rate of change positive (-27.26)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-48.11)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.32)0/5
- More volume on up days than down days (20 sessions) (0.49)0/5
- Close above 20-day VWAP (-29.22)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (7.83)0/6
- Price in the upper half of its Bollinger Bands (0.23)2/5
- Shallow drawdown from the 52-week high (-61.00)0/5
- Volatility contracting (20-day volatility below its 6-month median) (53.80)0/4
- Room to the next resistance (≥8% scores full) (29.78)5/5
- Support close below (a tight, definable stop)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-61.00)0/5
🧭 Regime: Weak Downtrend
Normal Volatility — Bollinger width is in the 77th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for AASTHA — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 33.45 | -0.42 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
AASTHA ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹44.19 | +61.9% | 1 |
| Resistance | ₹41.94 | +53.6% | 1 |
| Resistance | ₹37.20 | +36.3% | 1 |
| Resistance | ₹35.43 | +29.8% | 2 |
| Close | ₹27.30 | — |
52-week range: ₹26.54 – ₹70.00 (-61.00% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹70.00 (2026-07-22) to ₹26.54 (2026-10-13). Price has retraced 1.8% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹36.80 | +34.8% | S/R confluence nearest |
| 38.2% retracement | ₹43.14 | +58.0% | |
| 50.0% retracement | ₹48.27 | +76.8% | |
| 61.8% retracement | ₹53.40 | +95.6% | |
| 78.6% retracement | ₹60.70 | +122.4% | |
| 127.2% extension | ₹14.72 | -46.1% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-11-26 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bullish Engulfing 2026-10-14 bullish Moderate · 60
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens AASTHA passes today
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
