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Technicals for MRF Limited
By MusingTheNews
2025-06-13 20:45
Overall Technical outlook
Price Summary
MRF Limited's stock opened at 135795.0 on 2025-06-13, surged to 138000.0, hit a low of 135000.0, and closed up 1.34% at 137620.0, with 5875 shares traded. Over the past year, the stock's highest price was 146625.0, and its lowest was 102659.4. 10 analysts predict that the future price of MRF will be in the range of 90667.0 to 168426.0, with a mean expected price of about 133654.4.
Technicals
Support and Resistance: The price for MRF is 137620.0, with support at 131553.8 and resistance at 140145.0. This suggests a range where 131553.8 acts as a base, preventing declines, and 140145.0 caps gains, defining key trading levels. Support/Resistance for MRF
Aroon: The persistent bearish trend in Aroon, with Aroon Down consistently at the 100 level, signals continued downward pressure. To gain a complete understanding of this trend, it should be explored further in conjunction with other technical indicators. Aroon chart for MRF Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for MRF Limited
Parabolic SAR: The PSAR maintains its bearish outlook, setting a resistance level that could act as a ceiling for upward momentum. This ongoing bearish trend suggests that the market may struggle to overcome this resistance, keeping prices subdued. Parabolic Stop and Reverse chart for MRF Limited
Stochastic: The Stochastic K-line for MRF has moved below the D-line and sits under 20, indicating a mildly bearish signal. This suggests that the market might experience some weakness, though the bearish sentiment is not particularly strong. Investors should stay alert for any additional signals. Stochastic chart for MRF Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for MRF, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for MRF Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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