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Technicals for MRF Limited
Price Summary
On 2026-03-02, MRF's stock started at 136480.0, reached a high of 139600.0, fell to 136100.0, and ended 1.72% up at 138825.0, with 6733 shares traded.Over the past year, the stock's highest price was 162295.0, and its lowest was 102659.4.
The price outlook for MRF is between 113350.0 and 181000.0, with an average expectation of 150702.0, as estimated by 10 analysts.
Technicals
Support and Resistance: The price of 138825.0 is supported at 132165.0 and capped by resistance at 145885.0. These levels mark key points for MRF Limited where the price could find stability, with 132165.0 as a floor and 145885.0 as a ceiling.Aroon: The Aroon indicator signals a continued bearish trend, with Aroon Down holding steady at the 100 level. This ongoing downward pressure requires further exploration with additional indicators to understand its broader implications.
Bol. Bands: The current state of the BOLL BANDS is neutral for MRF, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check.
Stochastic: With the Stochastic K-line for MRF Limited dipping below the D-line and under 20, the current market conditions reflect a mildly bearish outlook. This positioning indicates a potential downturn, though the bearish sentiment remains moderate. Traders may want to keep an eye on this trend for additional signals before taking action.
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.
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
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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