Overall Technical outlook

Price Summary

On 2025-08-14, Tamilnad Mercantile Bank Limited's stock began at 431.25, climbed to 431.25, dropped to 427.55, and had -0.59% to end at 428.7, with a volume of 19075 shares.
The stock's peak price over the last 52 weeks is 502.8, with the lowest being 406.9.

Technicals

Support and Resistance: The price of 428.7 is supported at 426.85 and capped by resistance at 447.6. These levels mark key points for Tamilnad Mercantile Bank Limited where the price could find stability, with 426.85 as a floor and 447.6 as a ceiling.
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Support/Resistance for TMB


Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Aroon chart for Tamilnad Mercantile Bank Limited


Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Bolinger Bands chart for Tamilnad Mercantile Bank Limited


Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Tamilnad Mercantile Bank Limited.
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Parabolic Stop and Reverse chart for Tamilnad Mercantile Bank Limited


Stochastic: The stochastic indicator reflects a bullish outlook with the K-line above the D-line and below 20, signaling a likely start of a bullish move. This configuration suggests that the market may be beginning to recover from a low point, leading to possible gains for TMB. Traders may interpret this as a favorable entry point.
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Stochastic chart for Tamilnad Mercantile Bank Limited


Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Tripple SMA chart for Tamilnad Mercantile Bank 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.