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Technicals for Mphasis Limited
By MusingTheNews
2025-04-25 20:46
Overall Technical outlook
Price Summary
Mphasis Limited's stock opened at 2502.0 on 2025-04-25, surged to a high of 2571.6, hit a low of 2440.0, and closed up 1.46% at 2538.6, with 3211947 shares traded. The stock reached its highest price of 3197.3 and its lowest price of 2102.2 during the 52-week period. Future price predictions suggest a range between 2140.0 and 3700.0, with an average expected price of 2807.4243, as per 33 analysts.
Technicals
Support and Resistance: The current price of 2538.6 for MPHASIS is supported at 2343.0 and faces resistance at 2591.35. These levels indicate that 2343.0 could act as a floor, while 2591.35 might limit any further price increases. Support/Resistance for MPHASIS
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for MPHASIS, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction. Aroon chart for Mphasis Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Mphasis Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Mphasis Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help sustain the market's upward movement. This strong support suggests that Mphasis Limited is likely to continue trending higher, providing investors with confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for Mphasis Limited
Stochastic: The stochastic indicator signals a bullish mood, with the K-line above both the D-line and the 80 threshold. This configuration indicates strong upward momentum, suggesting that the market may continue its upward trend. Traders could consider this a positive indication of strength for MPHASIS. Stochastic chart for Mphasis Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Mphasis Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Mphasis 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.
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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