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Technicals for Marico Limited
By MusingTheNews
2025-07-16 20:45
Overall Technical outlook
Price Summary
Marico Limited's stock opened at 745.0 on 2025-07-16, surged to 745.0, dropped to 729.35, and ended -1.79% lower at 731.65, with 1249958 shares traded. The stock's highest value over the last 52 weeks is 740.2, and the lowest value is 587.75. 39 analysts estimate that the future price of MARICO will fall between 505.0 and 840.0, with an average price expectation of approximately 763.9487.
Technicals
Aroon: The AROON indicator is signaling a bullish trend, with the Aroon Up increasing and the Aroon Oscillator staying high. This combination suggests that the upward price trend will likely continue. The sustained high level of the Aroon Oscillator indicates strong bullish momentum, signaling that the upward trend is expected to persist for MARICO. Aroon chart for Marico Limited
Bol. Bands: The current reading of the BOLL BANDS 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. Bolinger Bands chart for Marico Limited
Parabolic SAR: The PSAR for MARICO maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum. Parabolic Stop and Reverse chart for Marico Limited
Stochastic: The STOCHASTIC is in a neutral stance for MARICO, 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 Marico Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for Marico Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for Marico Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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