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Technicals for Mphasis Limited
Price Summary
On 2026-04-09, Mphasis Limited's stock opened at 2340.0, reached 2400.8, hit a low of 2317.9, and rose 1.94% to close at 2385.3, with 695409 shares traded.The stock's highest price in the past 52 weeks is 3000.6, while its lowest price during the same period is 0.0.
The future price of MPHASIS is projected to range from 2140.0 to 3900.0, with an average expected price of 3200.9143, according to 35 analysts.
Technicals
Support and Resistance: The price currently sits at 2385.3, finding support at 2223.0 and resistance at 2458.4. These levels define a range for Mphasis Limited where the price may move, with 2223.0 offering a base and 2458.4 limiting upward momentum.Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential.
Bol. Bands: The current state of the BOLL BANDS 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.
Parabolic SAR: The PSAR continues its bullish outlook, reinforcing a crucial support level that may help sustain the current upward trend. This support suggests that the market is likely to continue climbing, with the bullish momentum remaining strong.
Stochastic: The stochastic indicator shows bullish conditions, with the K-line positioned above the D-line and exceeding the 80 level. This setup suggests strong upward momentum, indicating that the market may continue to rise. Investors might view this as a favorable sign for continued growth.
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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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