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Technicals for Muthoot Finance Limited
By MusingTheNews
2026-02-03 20:48
Overall Technical outlook
Price Summary
On 2026-02-02, Muthoot Finance Limited's stock began at 3480.0, peaked at 3584.0, bottomed at 3410.5, and closed 1.58% up at 3535.1, with a volume of 1113118 shares. During the past 52 weeks, the highest stock price was 4091.7, and the lowest was 2017.0. The future price of MUTHOOTFIN is anticipated to range from 2500.0 to 4500.0, with an expected mean price of 3673.75, according to the recommendations of 20 analysts.
Technicals
Support and Resistance: The price of 3535.1 is supported at 3263.1 and encounters resistance at 3614.4. This suggests key levels where the price might find stability, with 3263.1 providing a base and 3614.4 acting as an upper boundary for MUTHOOTFIN. Support/Resistance for MUTHOOTFIN
Aroon: Aroon's bearish trend continues, with Aroon Down remaining fixed at the 100 level. This indicates strong downward momentum for MUTHOOTFIN, but further analysis with other indicators is essential to fully comprehend the trend's potential impact. Aroon chart for Muthoot Finance Limited
Bol. Bands: The price has dipped below the lower Bollinger Band and has remained there since the last move. This sustained position below the band suggests that the market might be experiencing strong downward pressure, possibly leading to an oversold condition. The continued stay in this area points to a potential continuation of the bearish trend, making it a crucial point for traders to consider in their analysis. Bolinger Bands chart for Muthoot Finance Limited
Parabolic SAR: The PSAR has moved from a bullish to a bearish position, suggesting a possible trend reversal. If this shift is confirmed by other indicators, it could be a strong bearish signal. Traders should watch for additional signs of a broader market downturn before making any decisions for MUTHOOTFIN. Parabolic Stop and Reverse chart for Muthoot Finance Limited
Stochastic: The current state of the STOCHASTIC 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. Stochastic chart for Muthoot Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG 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. Tripple SMA chart for Muthoot Finance Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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