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Technicals for Bank of Maharashtra
By MusingTheNews
2025-12-15 20:25
Overall Technical outlook
Price Summary
On 2025-12-15, Bank of Maharashtra's stock opened at 57.0, reached 57.69, hit a low of 56.8, and rose 0.7% to close at 57.4, with 7461353 shares traded. The stock's highest price over the 52-week span is 61.14, while the lowest price is 43.62.
Technicals
Support and Resistance: The price currently sits at 57.4, finding support at 56.08 and resistance at 58.33. These levels define a range for Bank of Maharashtra where the price may move, with 56.08 offering a base and 58.33 limiting upward momentum. Support/Resistance for MAHABANK
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Bank of Maharashtra. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Bank of Maharashtra
Bol. Bands: The current state of the BOLL BANDS 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. Bolinger Bands chart for Bank of Maharashtra
Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure. Parabolic Stop and Reverse chart for Bank of Maharashtra
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Bank of Maharashtra
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Bank of Maharashtra
When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.
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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