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Technicals for Manappuram Finance Limited
By MusingTheNews
2025-09-05 20:36
Overall Technical outlook
Price Summary
On 2025-09-05, MANAPPURAM's stock began at 284.3, peaked at 288.8, dipped to 281.8, and closed up 0.07% at 284.5, with a volume of 3248890 shares. The stock reached its highest price of 288.0 and lowest price of 139.5 over the last 52 weeks. 13 analysts estimate that the future price of MANAPPURAM will fall between 185.0 and 300.0, with an average price expectation of approximately 248.07692.
Technicals
Support and Resistance: The price for MANAPPURAM at 284.5 finds support at 278.81 and resistance at 288.0. This suggests a trading range, where 278.81 serves as a support level and 288.0 acts as a resistance point, potentially capping further gains. Support/Resistance for MANAPPURAM
Aroon: The AROON is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Aroon chart for Manappuram Finance Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Manappuram Finance Limited
Parabolic SAR: The PSAR for MANAPPURAM continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Manappuram Finance Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Manappuram Finance Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned bearishly, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, indicating that this bearish momentum might be losing strength. This could suggest an upcoming shift towards bullish price action, as the market's current downward trend may be approaching a reversal, potentially leading to a new upward move. Tripple SMA chart for Manappuram Finance Limited
To properly assess the technical data of a company, it's important to first look at its fundamentals, such as its earnings, growth potential, and management effectiveness. Equally, understanding the industry trends, competition, and external economic factors that influence the company is vital. This holistic view helps draw meaningful conclusions about the company's technical performance, allowing investors to better gauge its stock price behavior, volatility, and market trends.
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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