Overall Technical outlook

Price Summary

On 2026-04-09, The Phoenix Mills Limited's stock began at 1712.9, peaked at 1720.4, bottomed at 1679.1, and closed -0.18% lower at 1709.9, with a volume of 827945 shares.
The highest price the stock achieved in the past 52 weeks is 1950.8, while the lowest price it saw is 0.0.
18 analysts forecast that the price of PHOENIXLTD will range from 1450.0 to 2307.0, with an average expected price near 1921.1666.

Technicals

Support and Resistance: The current price is 1709.9, with support at 1651.8 and resistance at 1746.5. This range suggests that the price might move between these levels, with 1651.8 offering support and 1746.5 capping further gains for The Phoenix Mills Limited.
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Support/Resistance for PHOENIXLTD


Aroon: The current reading of the AROON indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Aroon chart for The Phoenix Mills Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, with no definitive indication of an upward or downward trend for PHOENIXLTD. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move.
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Bolinger Bands chart for The Phoenix Mills Limited


Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors.
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Parabolic Stop and Reverse chart for The Phoenix Mills Limited


Stochastic: The stochastic indicator is in a bullish phase, as the K-line is above the D-line and the 80 mark. This setup suggests strong upward momentum, implying that PHOENIXLTD may continue to experience gains. Investors may consider this a positive signal for continued market growth.
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Stochastic chart for The Phoenix Mills Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for PHOENIXLTD, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Tripple SMA chart for The Phoenix Mills Limited


Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.