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Technicals for MMTC Limited
By MusingTheNews
2025-06-13 20:45
Overall Technical outlook
Price Summary
MMTC Limited's stock started trading at 70.0 on 2025-06-13, climbed to 70.9, fell to 67.69, and closed -0.57% down at 69.6, with 696951 shares traded. Over the course of 52 weeks, the stock peaked at 120.91 and hit a low of 48.41.
Technicals
Support and Resistance: The current price sits at 69.6, supported at 66.85 and capped by resistance at 73.2. These levels define a range for MMTC where the price might stabilize, with 66.85 as a floor and 73.2 as a ceiling. Support/Resistance for MMTC
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 MMTC Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for MMTC Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for MMTC Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for MMTC Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for MMTC Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are currently aligned bearishly, pointing to a downtrend. However, the slopes of the 20 and 50 SMAs are showing signs of wavering, suggesting that this bearish momentum may be weakening. This could indicate that a bullish reversal is imminent, with the market potentially shifting from its current downward trend to a more positive, upward trajectory. Tripple SMA chart for MMTC Limited
Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.
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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