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Technicals for Macrotech Developers Limited
By MusingTheNews
2025-04-25 20:45
Overall Technical outlook
Price Summary
In today's trading, Macrotech Developers Limited's stock slid by -3.72%, showcasing an mediocre market day. On 2025-04-25, LODHA's stock began at 1355.5, peaked at 1390.0, dipped to 1293.0, and closed up -3.72% at 1305.1, with a volume of 4798934 shares. For the 52-week period, the stock's highest price is 1594.8, and the lowest price is 1055.25. 18 analysts predict that the future price of LODHA will be in the range of 918.0 to 1755.0, with a mean expected price of about 1405.8334.
Technicals
Support and Resistance: The current price for LODHA is 1305.1, supported at 1217.3 with resistance at 1346.15. This indicates a trading range where 1217.3 might prevent further declines, while 1346.15 could hinder additional gains. Support/Resistance for LODHA
Aroon: The continuation of Aroon's bullish trend, with Aroon Up at the 100 level, signals ongoing strength. To fully understand the implications of this trend, it should be examined further in conjunction with other technical indicators. Aroon chart for Macrotech Developers Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Macrotech Developers Limited
Parabolic SAR: The PSAR continues its bullish outlook, establishing a support level that could help sustain the current upward trend. This level of support may act as a cushion against potential downturns, indicating continued strength in the market's bullish momentum for LODHA. Parabolic Stop and Reverse chart for Macrotech Developers Limited
Stochastic: The stochastic indicator reflects the K-line falling below the D-line, while remaining above 80, signaling the potential start of a bearish price move. This suggests that the market may be losing steam, with a possible decline on the horizon. Traders should monitor this development for further signs of a downturn. Stochastic chart for Macrotech Developers Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Macrotech Developers Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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