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Technicals for Marico Limited
By MusingTheNews
2025-09-05 20:37
Overall Technical outlook
Price Summary
On 2025-09-05, MARICO's stock began at 740.0, peaked at 740.45, dipped to 726.0, and closed up -1.12% at 731.7, with a volume of 1035766 shares. The stock reached its highest price of 751.85 and lowest price of 587.75 over the last 52 weeks. The future price of MARICO is anticipated to range from 490.0 to 863.0, with an expected mean price of 789.625, according to the recommendations of 40 analysts.
Technicals
Support and Resistance: The price for MARICO at 731.7 is supported by the 731.65 level and faces resistance at 731.65. This range indicates key levels where the price may find buyers near 731.65 and sellers near 731.65, defining a trading range. Support/Resistance for MARICO
Aroon: The current reading of the AROON is neutral for MARICO, 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 Marico 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 Marico 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 Marico Limited. Parabolic Stop and Reverse chart for Marico Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Marico Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish pattern, signaling a downtrend. However, the slopes of the 20 and 50 SMAs are starting to waver, suggesting that the bearish momentum may be weakening. This could be an early sign of a potential bullish reversal for MARICO, as the market's downward trajectory begins to lose strength and a possible shift towards more positive price action may occur soon. Tripple SMA chart for Marico Limited
To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.
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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