Overall Technical outlook

Price Summary

The stock of Coromandel International Limited experienced a -4.59% slide, showcasing a awful market performance.
On 2025-05-29, COROMANDEL's stock began at 2420.0, peaked at 2424.9, dipped to 2292.5, and closed up -4.59% at 2308.9, with a volume of 632317 shares.
The highest price the stock achieved in the past 52 weeks is 2492.1, while the lowest price it saw is 1305.0.
According to 8 analysts, the price of COROMANDEL in the future is projected to be between 1900.0 and 2613.0, with an average expected price of 2403.25.

Technicals

Support and Resistance: The price is currently at 2308.9, supported by 2194.1 and resisted by 2450.9. This indicates a range where 2194.1 may provide a base for the price, while 2450.9 serves as a cap on further upward movement for COROMANDEL.
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Support/Resistance for COROMANDEL


Aroon: The current state of the AROON is neutral for COROMANDEL, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Aroon chart for Coromandel International Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Bolinger Bands chart for Coromandel International Limited


Parabolic SAR: The PSAR has recently reversed direction from bullish to bearish, indicating a potential trend change. If supported by other market trends, this could be a very bearish signal. Investors should consider this shift carefully and look for further confirmation before acting.
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Parabolic Stop and Reverse chart for Coromandel International Limited


Stochastic: The STOCHASTIC 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.
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Stochastic chart for Coromandel International 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 momentum could indicate that the bearish trend for COROMANDEL is losing steam, possibly leading to a bullish reversal in the near future. Investors should watch for signs of a market turnaround as the current downtrend shows signs of faltering.
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Tripple SMA chart for Coromandel International Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.