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Technicals for Marico Limited
Price Summary
Marico Limited's stock began trading at 770.1 on 2026-03-02, soared to 789.2, dipped to 769.8, and finished the day 1.18% up at 779.15, with 752860 shares exchanged.Over the course of 52 weeks, the stock peaked at 810.35 and hit a low of 587.75.
37 analysts estimate that the future price of MARICO will fall between 511.0 and 900.0, with an average price expectation of approximately 825.78375.
Technicals
Support and Resistance: The price of 779.15 is supported at 779.05 and faces resistance at 810.35. This range suggests key levels for MARICO where the price may stabilize, with 779.05 acting as a support and 810.35 as a cap on gains.Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
Bol. Bands: The current state of the BOLL BANDS 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.
Parabolic SAR: The PSAR maintains its bearish stance, establishing a resistance level that could cap any attempts at upward movement. This persistent bearish outlook suggests that the market may continue to face downward pressure, with resistance preventing significant gains.
Stochastic: The STOCHASTIC is showing a neutral stance, with no definitive indication of an upward or downward trend for MARICO. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for MARICO, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon.
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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