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Technicals for NMDC Limited
By MusingTheNews
2025-04-25 20:47
Overall Technical outlook
Price Summary
NMDC Limited's stock tumbled -4.97% today, reflecting an mediocrending market day. On 2025-04-25, NMDC's stock began at 68.35, peaked at 68.64, dipped to 64.3, and closed up -4.97% at 64.95, with a volume of 53663421 shares. Throughout the 52-week period, the stock hit a high of 282.2 and a low of 60.0. The expected price range is between 55.0 and 94.0, with a mean anticipated price of 72.64706, according to 17 analysts.
Technicals
Support and Resistance: The price for NMDC is 64.95, with support at 60.0 and resistance at 65.98. This suggests a range where 60.0 acts as a base, preventing declines, and 65.98 caps gains, defining key trading levels. Support/Resistance for NMDC
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 NMDC Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for NMDC 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 NMDC Limited
Parabolic SAR: The PSAR for NMDC continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth. Parabolic Stop and Reverse chart for NMDC Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for NMDC Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for NMDC. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for NMDC Limited
When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments 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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