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Technicals for Macrotech Developers Limited
By MusingTheNews
2025-12-12 20:46
Overall Technical outlook
Price Summary
On 2025-12-11, Macrotech Developers Limited's stock opened at 1070.0, reached 1085.5, hit a low of 1067.1, and rose 0.98% to close at 1080.5, with 419264 shares traded. For the 52-week period, the stock's highest price is 1516.0, and the lowest price is 1055.25. Future price predictions suggest a range between 1000.0 and 1888.0, with an average expected price of 1472.2222, as per 18 analysts.
Technicals
Support and Resistance: At 1080.5, the price is supported at 1076.0 and faces resistance at 1159.9. This range suggests that the price for LODHA might stay between these levels, with 1076.0 acting as a floor and 1159.9 as a ceiling. Support/Resistance for LODHA
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Macrotech Developers Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Macrotech Developers Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Macrotech Developers Limited
Parabolic SAR: The PSAR continues its bearish trend for Macrotech Developers Limited, setting a resistance level that could hinder upward momentum. This resistance suggests that the market may face challenges in breaking higher, reflecting persistent bearish sentiment. Parabolic Stop and Reverse chart for Macrotech Developers Limited
Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling the likely start of a bullish move. This setup suggests that the market may be beginning to rise from a low level, potentially leading to an uptrend. Traders might interpret this as a positive entry signal. Stochastic chart for Macrotech Developers Limited
Tripple Moving Agerage: A bullish trend is evident from the alignment of the 20-50-100 period moving averages, but the slopes of the faster averages indicate a potential reversal for LODHA. The weakening signals from the shorter-term averages suggest that the upward momentum may be fading, signaling the possibility of an impending change in trend. Tripple SMA chart for Macrotech Developers 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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