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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-04-25 20:45
Overall Technical outlook
Price Summary
On 2025-04-25, Manappuram Finance Limited's stock opened at 229.0, spiked to 229.49, declined to 222.51, and closed -0.9% lower at 226.93, with 7104689 shares traded. Over the course of 52 weeks, the stock peaked at 240.38 and hit a low of 139.5. According to 13 analysts, the future price is anticipated to vary between 160.0 and 270.0, with an average expected price of around 226.23077.
Technicals
Support and Resistance: The price is currently at 226.93, supported by 197.8 and resisted by 234.16. This indicates a range where 197.8 may provide a base for the price, while 234.16 serves as a cap on further upward movement for MANAPPURAM. Support/Resistance for MANAPPURAM
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Manappuram Finance Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for MANAPPURAM, 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. Bolinger Bands chart for Manappuram Finance Limited
Parabolic SAR: The PSAR continues to signal a bearish outlook, setting a significant resistance level. This resistance could limit upward momentum, indicating that the market may struggle to overcome this bearish pressure in the near term. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for MANAPPURAM, with no strong trend emerging. Tripple SMA chart for Manappuram Finance Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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