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Technicals for Mazagon Dock Shipbuilders Limited
By MusingTheNews
2025-04-25 20:46
Overall Technical outlook
Price Summary
In today's trading session, MAZDOCK's shares sank by -2.42%, marking a awful day. On 2025-04-25, Mazagon Dock Shipbuilders Limited's stock opened at 2727.0, reached 2745.7, hit a low of 2585.0, and rose -2.42% to close at 2661.1, with 3520325 shares traded. Over the course of 52 weeks, the stock peaked at 5744.45 and hit a low of 1961.75. 3 analysts suggest that MAZDOCK's future price will lie between 2262.0 and 2757.0, with an average expected price of roughly 2445.6667.
Technicals
Support and Resistance: The price sits at 2661.1, supported by 2655.62 and resisted by 4012.45. This indicates a trading range where 2655.62 provides a floor, preventing declines, and 4012.45 acts as a ceiling, limiting further price increases for MAZDOCK. Support/Resistance for MAZDOCK
Aroon: The current state of the AROON 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. Aroon chart for Mazagon Dock Shipbuilders Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Mazagon Dock Shipbuilders Limited
Parabolic SAR: The PSAR remains bullish in its outlook, reinforcing a key support level that could help sustain the market's upward movement for MAZDOCK. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for Mazagon Dock Shipbuilders Limited
Stochastic: The K-line has dipped below the D-line on the stochastic indicator while staying above 80, indicating that a bearish price move may be imminent. This pattern suggests that the market's upward momentum is faltering for Mazagon Dock Shipbuilders Limited, which could result in a reversal. Investors should pay attention to this potential change in trend. Stochastic chart for Mazagon Dock Shipbuilders Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages for Mazagon Dock Shipbuilders 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 Mazagon Dock Shipbuilders Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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