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Technicals for 3M India Limited
By MusingTheNews
2025-09-04 20:20
Overall Technical outlook
Price Summary
On 2025-09-03, 3M India Limited's stock started at 31400.0, soared to 31540.0, dropped to 30850.0, and finished the day -1.34% down at 30980.0, with a trading volume of 3186 shares. The stock's highest price over the 52-week span is 36085.1, while the lowest price is 25982.5.
Technicals
Support and Resistance: The price currently sits at 30980.0, finding support at 30715.0 and resistance at 32000.0. These levels define a range for 3M India Limited where the price may move, with 30715.0 offering a base and 32000.0 limiting upward momentum. Support/Resistance for 3MINDIA
Aroon: The AROON is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Aroon chart for 3M India Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for 3M India Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for 3MINDIA. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for 3M India Limited
Stochastic: The STOCHASTIC 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. Stochastic chart for 3M India Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for 3M India Limited. Tripple SMA chart for 3M India Limited
A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.
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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