Overall Technical outlook

Price Summary

On 2026-02-02, Coromandel International Limited's shares started at 2218.0, peaked at 2239.5, bottomed out at 2178.0, and ended -0.11% lower at 2215.6, with 160028 shares traded.
The peak price for the stock in the past 52 weeks is 2691.4, with the lowest price being 1611.7.
The price projection is between 2200.0 and 3234.0, with an average expected price around 2617.2, according to 10 analysts.

Technicals

Support and Resistance: The current price of 2215.6 for COROMANDEL finds support at 2185.2 and resistance at 2257.7. These levels define a range in which the price might oscillate, with 2185.2 as a potential support and 2257.7 as a resistance level.
COROMANDEL supportResistance be1cf2
Support/Resistance for COROMANDEL


Aroon: The AROON 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.
COROMANDEL aroon be1cf2
Aroon chart for Coromandel International Limited


Bol. Bands: The current price for COROMANDEL has dipped below the lower Bollinger Band, remaining there since the last move. This suggests that the market is experiencing strong downward pressure, with prices potentially being oversold. The persistent stay below this key level indicates that the trend might continue in this direction unless a reversal or correction occurs. Traders might view this as a sign of extended bearish momentum in the market.
COROMANDEL bbands be1cf2
Bolinger Bands chart for Coromandel International Limited


Parabolic SAR: The PSAR continues its bearish outlook, setting a key resistance level that could limit upward potential. This resistance suggests that the market may struggle to break higher, reflecting ongoing bearish pressure for COROMANDEL.
COROMANDEL psar be1cf2
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.
COROMANDEL stoch be1cf2
Stochastic chart for Coromandel International Limited


Tripple Moving Agerage: The Tripple MOVING AVG 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.
COROMANDEL trippleSMA be1cf2
Tripple SMA chart for Coromandel International Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.