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Technicals for Mazagon Dock Shipbuilders Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
On 2025-06-13, Mazagon Dock Shipbuilders Limited's stock opened at 3146.1, spiked to 3262.5, declined to 3128.1, and closed 1.73% higher at 3200.4, with 3133179 shares traded. In the last 52 weeks, the stock's top price was 5744.45 and the bottom price was 1961.75. Future price predictions suggest a range between 2262.0 and 2757.0, with an average expected price of 2445.6667, as per 3 analysts.
Technicals
Support and Resistance: The price of 3200.4 is supported at 2655.62 and faces resistance at 3409.9. This range suggests key levels for MAZDOCK where the price may stabilize, with 2655.62 acting as a support and 3409.9 as a cap on gains. Support/Resistance for MAZDOCK
Aroon: The persistent bearish trend in Aroon, with Aroon Down still at the 100 level, suggests continued weakness. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for Mazagon Dock Shipbuilders Limited
Bol. Bands: After previously trading below the lower Bollinger Band, the price has now crossed above it in the most recent move. This upward movement suggests that the market may be recovering from oversold conditions, potentially signaling a reversal in the bearish trend. The crossover could be an early indicator that the downward momentum is easing, with the possibility of a shift toward more positive price action. Bolinger Bands chart for Mazagon Dock Shipbuilders Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for MAZDOCK. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for Mazagon Dock Shipbuilders Limited
Stochastic: The Stochastic K-line, now below the D-line and under 20, signals a mildly bearish market outlook. This configuration suggests possible weakness for Mazagon Dock Shipbuilders Limited, though the bearish sentiment is not overly pronounced. Investors should take note of this and monitor the trend closely. Stochastic chart for Mazagon Dock Shipbuilders Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG 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. Tripple SMA chart for Mazagon Dock Shipbuilders Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences 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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