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Technicals for 3M India Limited
By MusingTheNews
2025-07-16 20:20
Overall Technical outlook
Price Summary
On 2025-07-15, 3M India Limited's stock began at 29725.0, peaked at 30195.0, bottomed at 29705.0, and closed 0.12% higher at 29760.0, with a volume of 3238 shares. The stock's highest price in the past 52 weeks is 39600.65, while its lowest price during the same period is 25982.5.
Technicals
Support and Resistance: At 29760.0, the price is held up by support at 29020.75 and faces resistance at 29923.5 for 3MINDIA. This suggests a trading range where 29020.75 provides a base and 29923.5 limits upward movement. Support/Resistance for 3MINDIA
Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for 3MINDIA, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction. Aroon chart for 3M India Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for 3MINDIA, with no strong trend emerging. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The K-line has slipped below the D-line on the stochastic indicator while staying above 80, suggesting the onset of a bearish price move. This pattern may indicate that the market's upward momentum is starting to fade, which could lead to a reversal. Investors should be mindful of this possible shift for 3MINDIA. Stochastic chart for 3M India 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. Tripple SMA chart for 3M India 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.
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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