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Technicals for 3M India Limited
By MusingTheNews
2025-05-30 20:20
Overall Technical outlook
Price Summary
On 2025-05-30, 3MINDIA's stock began at 28900.0, peaked at 29450.0, dipped to 28810.0, and closed up 1.3% at 29275.0, with a volume of 3999 shares. In the last 52 weeks, the stock's top price was 40020.6 and the bottom price was 25982.5.
Technicals
Support and Resistance: The current price sits at 29275.0, supported at 29020.75 and capped by resistance at 29923.5. These levels define a range for 3MINDIA where the price might stabilize, with 29020.75 as a floor and 29923.5 as a ceiling. Support/Resistance for 3MINDIA
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for 3M India Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for 3M India Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for 3M India Limited. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The current reading of the STOCHASTIC is neutral for 3MINDIA, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. 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
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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