More about Coromandel International Limited
Fundamentals for Coromandel International Limited
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Technicals for Coromandel International Limited
Price Summary
Coromandel International Limited's stock began trading at 2004.0 on 2026-04-30, soared to 2007.9, dipped to 1955.7, and finished the day -1.11% lower at 1981.7, with 385644 shares exchanged.The stock's highest value over the last 52 weeks is 2691.4, and the lowest value is 1846.5.
According to 10 analysts, the price of COROMANDEL in the future is projected to be between 2260.0 and 3291.0, with an average expected price of 2569.0.
Technicals
Support and Resistance: The price sits at 1981.7, supported by 1846.5 and resisted by 1999.4. This indicates a trading range where 1846.5 provides a floor, preventing declines, and 1999.4 acts as a ceiling, limiting further price increases for COROMANDEL.Aroon: Aroon's bearish trend remains intact, with Aroon Down consistently at the 100 level. This ongoing downward momentum requires additional analysis using other indicators to assess its potential future effects.
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Coromandel International Limited. This suggests a period of market balance, where neither side is showing dominance.
Parabolic SAR: The PSAR maintains a bearish outlook for COROMANDEL, establishing a key resistance level that could limit further gains. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping upward movement subdued.
Stochastic: With the Stochastic K-line under the D-line and below 20, the market shows a mildly bearish trend. This positioning suggests that COROMANDEL may face some downside risk, though the bearish signal is not particularly strong. Traders should consider this as a cautious indicator.
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for COROMANDEL. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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