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Technicals for Marico Limited
By MusingTheNews
2025-12-15 20:47
Overall Technical outlook
Price Summary
On 2025-12-11, Marico Limited's stock began at 724.75, peaked at 730.3, declined to 719.1, and ended the day -0.01% down at 724.7, with 1627873 shares traded. Over the course of 52 weeks, the stock peaked at 760.7 and hit a low of 587.75. The expected price range is between 511.0 and 890.0, with a mean anticipated price of 820.8421, according to 38 analysts.
Technicals
Support and Resistance: The price for MARICO at 724.7 finds support at 712.4 and resistance at 731.65. This suggests a trading range, where 712.4 serves as a support level and 731.65 acts as a resistance point, potentially capping further gains. Support/Resistance for MARICO
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 Marico Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Marico Limited
Parabolic SAR: The PSAR continues to be bullish for MARICO, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement. Parabolic Stop and Reverse chart for Marico Limited
Stochastic: The current state of the STOCHASTIC is neutral for MARICO, 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. Stochastic chart for Marico Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for Marico Limited are currently aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that this bearish momentum may be weakening. This could indicate an upcoming shift towards bullish price action, as the loss of downward momentum might lead to a potential reversal in the market's current trend. Tripple SMA chart for Marico Limited
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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