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Technicals for Motherson Sumi Wiring India Limited
By MusingTheNews
2025-05-30 20:48
Overall Technical outlook
Price Summary
Motherson Sumi Wiring India Limited's shares dived -2.33% today, reflecting a lacklustre day on the market. Motherson Sumi Wiring India Limited's stock started the year at 59.26, climbed to a high of 59.64, fell to 57.45, and closed -2.33% down at 57.88, with 7729876 shares traded on 2025-05-30. Over the past year, the stock's highest price was 78.75, and its lowest was 47.0. The anticipated price is forecasted to be between 56.0 and 83.0, with an average price expectation of 68.08333, based on input from 12 analysts.
Technicals
Support and Resistance: At 57.88, the price for MSUMI is supported at 55.2 and resisted at 58.24. This indicates a trading range where 55.2 serves as a support level, potentially preventing further decline, while 58.24 could limit upward movement. Support/Resistance for MSUMI
Aroon: The current state of the AROON 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. Aroon chart for Motherson Sumi Wiring India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Motherson Sumi Wiring India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Bolinger Bands chart for Motherson Sumi Wiring India Limited
Parabolic SAR: The PSAR for MSUMI 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 Motherson Sumi Wiring India Limited
Stochastic: The current reading of the STOCHASTIC is neutral for MSUMI, 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. Stochastic chart for Motherson Sumi Wiring India Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for MSUMI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Motherson Sumi Wiring India 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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