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Technicals for NMDC Limited
By MusingTheNews
2025-06-13 20:47
Overall Technical outlook
Price Summary
NMDC Limited's stock opened at 71.0 on 2025-06-13, surged to 71.65, dropped to 70.0, and ended -0.89% lower at 70.37, with 29303739 shares traded. Throughout the 52-week period, the stock hit a high of 273.25 and a low of 60.0. According to 17 analysts, the price of NMDC in the future is projected to be between 55.0 and 94.0, with an average expected price of 72.94118.
Technicals
Support and Resistance: At 70.37, the price for NMDC is supported at 70.26 and resisted at 74.33. This indicates a trading range where 70.26 serves as a support level, potentially preventing further decline, while 74.33 could limit upward movement. Support/Resistance for NMDC
Aroon: The AROON is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Aroon chart for NMDC 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 NMDC Limited
Parabolic SAR: The PSAR for NMDC has shifted from bullish to bearish, hinting at a possible market reversal. If supported by other trends, this could be a very bearish signal. Traders should consider this development carefully and seek additional confirmation before making decisions. Parabolic Stop and Reverse chart for NMDC Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for NMDC Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for NMDC Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for NMDC 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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