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Technicals for MRF Limited
By MusingTheNews
2025-10-17 20:45
Overall Technical outlook
Price Summary
On 2025-10-17, MRF Limited's stock started at 156100.0, soared to 156450.0, dropped to 155115.0, and finished the day -0.1% lower at 155940.0, with a trading volume of 3586 shares. The stock's peak price over the last 52 weeks is 157695.0, with the lowest being 102659.4. The projected price range for MRF Limited is between 105820.0 and 170000.0, with an expected mean price of 138587.4, according to 10 analysts.
Technicals
Support and Resistance: With the current price at 155940.0, support is found at 155935.0 and resistance at 155935.0. These levels indicate where buyers might step in at 155935.0, while sellers could limit gains at 155935.0, defining a trading boundary for MRF Limited. Support/Resistance for MRF
Aroon: The AROON 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. Aroon chart for MRF Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for MRF Limited
Parabolic SAR: The PSAR for MRF maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for MRF Limited
Stochastic: The STOCHASTIC is currently in a neutral position for MRF 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. Stochastic chart for MRF Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum is weakening. This could be an early sign that the market is preparing for a bullish reversal, as the current downward trend begins to lose steam. Investors may soon see a shift towards more positive price action as the trend starts to change. Tripple SMA chart for MRF Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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