Overall Technical outlook

Price Summary

On 2025-05-30, Minda Corporation Limited's stock began at 533.3, peaked at 535.85, bottomed at 521.1, and closed -1.98% down at 522.75, with a volume of 111005 shares.
Over the course of 52 weeks, the stock peaked at 632.3 and hit a low of 411.25.
The future price of MINDACORP is anticipated to range from 580.0 to 664.0, with an expected mean price of 638.5, according to the recommendations of 4 analysts.

Technicals

Support and Resistance: The price for MINDACORP at 522.75 finds support at 500.75 and resistance at 547.2. This suggests a trading range, where 500.75 serves as a support level and 547.2 acts as a resistance point, potentially capping further gains.
MINDACORP supportResistance 8b5005
Support/Resistance for MINDACORP


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for MINDACORP, with no strong trend emerging.
MINDACORP aroon 8b5005
Aroon chart for Minda Corporation 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.
MINDACORP bbands 8b5005
Bolinger Bands chart for Minda Corporation Limited


Parabolic SAR: The PSAR remains bullish in its outlook, setting a key support level that could sustain the ongoing upward trend. This strong support indicates that the market may continue to rise, with the bullish momentum likely to persist for MINDACORP.
MINDACORP psar 8b5005
Parabolic Stop and Reverse chart for Minda Corporation Limited


Stochastic: The current state of the STOCHASTIC 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.
MINDACORP stoch 8b5005
Stochastic chart for Minda Corporation Limited


Tripple Moving Agerage: A bullish trend is indicated by the alignment of the moving averages, strengthened by the upward movement of the 20, 50, and 100-day aggregates. This setup suggests that market momentum is increasing, supporting the potential for sustained growth. Investors may interpret this as a favorable signal for continued gains for MINDACORP.
MINDACORP trippleSMA 8b5005
Tripple SMA chart for Minda Corporation Limited


When assessing a company's technical performance, such as stock price fluctuations and trading volume, it is crucial to first examine its fundamentals. These fundamentals include financial health, profitability, and growth potential. Additionally, understanding the industry's dynamics, including competitive pressures and market trends, is key to contextualizing the company's performance. By integrating these factors, a more comprehensive and meaningful analysis can be conducted, leading to more informed investment decisions.