Overall Technical outlook

Price Summary

The stock of COROMANDEL dived -3.11% today, reflecting a lousy market performance.
2025-06-12, saw COROMANDEL's stock open at 2381.2, hit a peak of 2381.2, fall to a low of 2293.0, and close lower -3.11% at 2307.1, with 415734 shares changing hands.
Throughout the 52-week period, the stock hit a high of 2492.1 and a low of 1508.8.
Based on recommendations from 9 analysts, the future price of COROMANDEL is expected to range from 1900.0 to 2692.0, with an average price expectation around 2435.3333.

Technicals

Support and Resistance: The price of 2307.1 is supported at 2289.4 and faces resistance at 2450.9. This range suggests key levels for COROMANDEL where the price may stabilize, with 2289.4 acting as a support and 2450.9 as a cap on gains.
COROMANDEL supportResistance 9cca22
Support/Resistance for COROMANDEL


Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
COROMANDEL aroon 9cca22
Aroon chart for Coromandel International Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
COROMANDEL bbands 9cca22
Bolinger Bands chart for Coromandel International Limited


Parabolic SAR: The PSAR remains bearish for Coromandel International Limited, establishing a crucial resistance level that could hinder any bullish attempts. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult for prices to rise.
COROMANDEL psar 9cca22
Parabolic Stop and Reverse chart for Coromandel International Limited


Stochastic: The STOCHASTIC is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
COROMANDEL stoch 9cca22
Stochastic chart for Coromandel International Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
COROMANDEL trippleSMA 9cca22
Tripple SMA chart for Coromandel International Limited


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.