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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-12-15 20:47
Overall Technical outlook
Price Summary
On 2025-12-11, Manappuram Finance Limited's stock started at 279.4, soared to 283.75, dropped to 276.85, and finished the day 1.34% higher at 283.15, with a trading volume of 2334559 shares. The stock's highest price in the past 52 weeks is 296.1, while its lowest price during the same period is 171.46. MANAPPURAM's future price is expected to lie between 190.0 and 305.0, with an average expectation of 275.3846, as per the recommendations of 13 analysts.
Technicals
Support and Resistance: The current price of 283.15 is supported at 271.45, with resistance at 288.0. This suggests that the price for MANAPPURAM might remain between these levels, where 271.45 acts as a floor and 288.0 as a ceiling in the market. Support/Resistance for MANAPPURAM
Aroon: The current reading of the AROON is neutral for MANAPPURAM, 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. Aroon chart for Manappuram Finance Limited
Bol. Bands: The BOLL BANDS is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging. Bolinger Bands chart for Manappuram Finance Limited
Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Manappuram Finance Limited
When evaluating a company's technical data, such as stock price charts or volume, it is essential to first consider its fundamentals. These fundamentals include financial stability, growth potential, and competitive advantages. Additionally, understanding the broader industry in which the company operates offers context that helps to make sense of technical patterns. By examining both the company's internal strengths and external environment, one can make more accurate and meaningful conclusions about its stock 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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