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Technicals for Muthoot Finance Limited
By MusingTheNews
2025-05-30 20:48
Overall Technical outlook
Price Summary
Muthoot Finance Limited's stock jumped 6.87% today, reflecting an fantasticnding market day. Muthoot Finance Limited's stock, on 2025-05-30 opened at 2073.0, climbed to a high of 2243.0, dropped to a low of 2068.0, and closed up 6.87% at 2215.4, with 4946235 shares traded. Over the past 52 weeks, the stock reached a maximum price of 2416.45 and a minimum price of 1646.7. According to 19 analysts, the future price is anticipated to vary between 1486.0 and 2800.0, with an average expected price of around 2421.9473.
Technicals
Support and Resistance: The current price of 2215.4 for MUTHOOTFIN is supported at 2127.35 and faces resistance at 2237.25. These levels indicate that 2127.35 could act as a floor, while 2237.25 might limit any further price increases. Support/Resistance for MUTHOOTFIN
Aroon: The current reading of the AROON is neutral for MUTHOOTFIN, 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 Muthoot Finance Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Muthoot Finance Limited
Parabolic SAR: The PSAR for MUTHOOTFIN has moved from a bearish to a bullish stance, potentially signaling a trend change. When considered with other indicators, this reversal could be a very bullish signal if supported by a trend. Investors should watch for additional confirmation before fully committing to this potential opportunity. Parabolic Stop and Reverse chart for Muthoot Finance Limited
Stochastic: The current state of the STOCHASTIC is neutral for MUTHOOTFIN, 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. Stochastic chart for Muthoot Finance Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for Muthoot Finance 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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