Overall Technical outlook

Price Summary

On 2025-07-16, NMDC's stock started at 68.42, reached a high of 68.95, fell to 67.75, and ended 0.32% higher at 68.64, with 28129398 shares traded.
The highest price the stock achieved in the past 52 weeks is 244.91, while the lowest price it saw is 60.0.
According to 18 analysts, the price of NMDC in the future is projected to be between 55.0 and 89.0, with an average expected price of 73.72222.

Technicals

Support and Resistance: The current price for NMDC is 68.64, supported at 66.66 with resistance at 70.26. This indicates a trading range where 66.66 might prevent further declines, while 70.26 could hinder additional gains.
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Support/Resistance for NMDC


Aroon: The current reading of the AROON is neutral for NMDC, 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.
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Aroon chart for NMDC 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.
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Bolinger Bands chart for NMDC Limited


Parabolic SAR: The PSAR for NMDC continues to indicate a bearish outlook, reinforcing a resistance level that could limit upward potential. This suggests that the market may remain under bearish control, with resistance acting as a barrier to significant upward movement.
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Parabolic Stop and Reverse chart for NMDC Limited


Stochastic: The current state of the STOCHASTIC is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment.
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Stochastic chart for NMDC Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for NMDC 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.
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Tripple SMA chart for NMDC Limited


Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.