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Technicals for Mazagon Dock Shipbuilders Limited
By MusingTheNews
2025-09-04 20:36
Overall Technical outlook
Price Summary
A -2.18% plunge in Mazagon Dock Shipbuilders Limited's stock marked an unimpressive day on the market. Mazagon Dock Shipbuilders Limited's stock, on 2025-09-04 opened at 2740.0, climbed to a high of 2748.7, dropped to a low of 2675.1, and closed up -2.18% at 2680.3, with 922591 shares traded. During the 52-week span, the stock hit a high of 4666.5 and a low of 1961.75. Analysts predict that the future price will fluctuate between 2100.0 and 3858.0, with the mean expected price being approximately 2958.4.
Technicals
Support and Resistance: The price currently sits at 2680.3, finding support at 2661.1 and resistance at 3165.6. These levels define a range for Mazagon Dock Shipbuilders Limited where the price may move, with 2661.1 offering a base and 3165.6 limiting upward momentum. Support/Resistance for MAZDOCK
Aroon: The AROON is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Aroon chart for Mazagon Dock Shipbuilders Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Mazagon Dock Shipbuilders Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Mazagon Dock Shipbuilders Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Mazagon Dock Shipbuilders Limited
Stochastic: The STOCHASTIC is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Stochastic chart for Mazagon Dock Shipbuilders Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages shows a bullish trend for MAZDOCK, but the weakening slopes of the 20 and 50 SMAs suggest that this momentum may not last. This loss of strength could be a sign that the market is nearing a reversal, with a potential bearish shift in price action becoming more likely as the uptrend starts to fade. Tripple SMA chart for Mazagon Dock Shipbuilders 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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