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Technicals for Muthoot Finance Limited
By MusingTheNews
2025-04-25 20:46
Overall Technical outlook
Price Summary
Muthoot Finance Limited had a poor day at the stock market, and its shares fell -2.64%. On 2025-04-25, Muthoot Finance Limited's stock opened at 2150.0, reached a high of 2166.8, dropped to a low of 2076.0, and closed lower -2.64% at 2093.2, with a trading volume of 704607 shares. The stock's peak price over the last 52 weeks is 2416.45, with the lowest being 1598.4. The price projection is between 1486.0 and 2800.0, with an average expected price around 2421.9473, according to 19 analysts.
Technicals
Support and Resistance: The price currently sits at 2093.2, finding support at 2062.5 and resistance at 2127.35. These levels define a range for Muthoot Finance Limited where the price may move, with 2062.5 offering a base and 2127.35 limiting upward momentum. Support/Resistance for MUTHOOTFIN
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 Muthoot Finance Limited
Bol. Bands: The BOLL BANDS is in a neutral stance for MUTHOOTFIN, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Bolinger Bands chart for Muthoot Finance Limited
Parabolic SAR: The PSAR remains bullish, setting a strong support level that could underpin further upward movement. This persistent bullish outlook suggests that the market may continue its positive trajectory, with the established support acting as a safety net. Parabolic Stop and Reverse chart for Muthoot Finance Limited
Stochastic: The STOCHASTIC is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Stochastic chart for Muthoot Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Muthoot Finance Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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