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Technicals for 3M India Limited
By MusingTheNews
2025-08-15 20:20
Overall Technical outlook
Price Summary
2025-08-13, saw 3MINDIA's stock open at 31075.0, hit a peak of 31305.0, fall to a low of 30280.0, and close down -1.87% at 30495.0, with 6156 shares changing hands. For the 52-week period, the stock's highest price is 36085.1, and the lowest price is 25982.5.
Technicals
Support and Resistance: The price of 30495.0 is supported at 29135.0 and faces resistance at 30715.0. This range suggests key levels for 3MINDIA where the price may stabilize, with 29135.0 acting as a support and 30715.0 as a cap on gains. Support/Resistance for 3MINDIA
Aroon: The AROON 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. Aroon chart for 3M India Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The current state of the STOCHASTIC is neutral for 3MINDIA, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Stochastic chart for 3M India Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for 3MINDIA. Tripple SMA chart for 3M India Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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