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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-07-16 20:45
Overall Technical outlook
Price Summary
On 2025-07-16, Manappuram Finance Limited's stock began at 269.3, climbed to 272.4, dropped to 267.35, and had 0.39% to end at 270.35, with a volume of 3931658 shares. The stock's highest price over the 52-week span is 279.54, while the lowest price is 139.5. 13 analysts predict that the future price of MANAPPURAM will be in the range of 185.0 to 280.0, with a mean expected price of about 239.46153.
Technicals
Support and Resistance: The current price is 270.35, with support at 263.6 and resistance at 271.45. This range suggests that the price might move between these levels, with 263.6 offering support and 271.45 capping further gains for Manappuram Finance Limited. Support/Resistance for MANAPPURAM
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Manappuram Finance Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Manappuram Finance Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Manappuram Finance 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 Manappuram Finance Limited. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The STOCHASTIC is in a neutral stance for MANAPPURAM, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Manappuram Finance Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Manappuram Finance Limited
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
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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