Overall Technical outlook

Price Summary

Minda Corporation Limited had a poor day at the stock market, and its shares declined -2.19%.
On 2025-10-17, Minda Corporation Limited's stock opened at 581.25, peaked at 584.8, hit a low of 566.55, and closed -2.19% down at 568.5, with 287508 shares changing hands.
The stock's peak price over the last 52 weeks is 594.35, with the lowest being 458.8.

Technicals

Support and Resistance: The price of 568.5 is supported at 550.55 and faces resistance at 573.1. This range suggests key levels for MINDACORP where the price may stabilize, with 550.55 acting as a support and 573.1 as a cap on gains.
MINDACORP supportResistance 5483bc
Support/Resistance for MINDACORP


Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market.
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Aroon chart for Minda Corporation Limited


Bol. Bands: The current reading of the BOLL BANDS is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place.
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Bolinger Bands chart for Minda Corporation Limited


Parabolic SAR: The PSAR for MINDACORP continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher.
MINDACORP psar 5483bc
Parabolic Stop and Reverse chart for Minda Corporation Limited


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
MINDACORP stoch 5483bc
Stochastic chart for Minda Corporation Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Minda Corporation Limited.
MINDACORP trippleSMA 5483bc
Tripple SMA chart for Minda Corporation Limited


When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock performance.