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Technicals for Marico Limited
Price Summary
Marico Limited's stock started the year at 778.1, climbed to a high of 779.5, fell to 765.65, and closed -0.4% lower at 775.0, with 1716174 shares traded on 2026-04-30.The peak price for the stock in the past 52 weeks is 810.35, with the lowest price being 686.85.
As per recommendations from 37 analysts, MARICO's future price is expected to span between 507.0 and 940.0, with a mean price around 852.7027.
Technicals
Support and Resistance: The price sits at 775.0, supported by 756.45 and resisted by 779.05. This indicates a trading range where 756.45 provides a floor, preventing declines, and 779.05 acts as a ceiling, limiting further price increases for MARICO.Aroon: The AROON is in a neutral stance for MARICO, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
Parabolic SAR: The PSAR for MARICO maintains a bullish outlook, establishing a crucial support level that may help maintain the current upward momentum. This strong support suggests that the market is poised to continue its upward trend, providing confidence in the ongoing bullish sentiment.
Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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