Analysis of the St. Louis Fed’s view that economic education strengthens monetary...
Technicals for 3M India Limited
By MusingTheNews
2025-10-23 20:20
Overall Technical outlook
Price Summary
On 2025-10-23, 3M India Limited's stock started at 30000.0, soared to 30090.0, dropped to 29555.0, and finished the day -0.88% lower at 29735.0, with a trading volume of 2555 shares. Over the past year, the stock's highest price was 36085.1, and its lowest was 25982.5.
Technicals
Support and Resistance: The current price sits at 29735.0, supported at 29135.0 and capped by resistance at 30110.0. These levels define a range for 3MINDIA where the price might stabilize, with 29135.0 as a floor and 30110.0 as a ceiling. Support/Resistance for 3MINDIA
Aroon: Aroon's bullish trend remains intact, with Aroon Up at the 100 level. This indicates strong market momentum, but a more comprehensive analysis using other indicators is required to assess the trend's strength and potential for continuation. Aroon chart for 3M India Limited
Bol. Bands: The recent drop below the upper Bollinger Band hints at a possible downward trend. This movement might indicate that the asset is losing strength and is overbought, suggesting that a correction is imminent. Traders often see this as an early signal of a reversal, making it an essential point for decision-making in trading strategies and positions. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR maintains its bullish stance, setting a significant support level that could help maintain the market's upward movement. This strong support suggests that the market is poised to continue its positive trend, providing confidence in the ongoing bullish momentum. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for 3M India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, with no definitive indication of an upward or downward trend for 3MINDIA. This neutral position suggests a period of indecision in the market, making it difficult to predict the next move. Tripple SMA chart for 3M India Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An analysis of South Asia's economic trajectory focusing on the potential of...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.