Overall Technical outlook

Price Summary

The Phoenix Mills Limited's stock saw a -2.25% dip, showcasing an lousy market day.
On 2025-05-30, The Phoenix Mills Limited's stock began at 1572.5, peaked at 1577.4, declined to 1527.6, and ended the day -2.25% lower at 1537.1, with 1484270 shares traded.
The stock reached its highest price of 2047.65 and its lowest price of 1397.95 during the 52-week period.
The future price of PHOENIXLTD is anticipated to range from 1423.0 to 2000.0, with an expected mean price of 1737.0, according to the recommendations of 17 analysts.

Technicals

Support and Resistance: At 1537.1, the price is held up by support at 1457.85 and faces resistance at 1591.05 for PHOENIXLTD. This suggests a trading range where 1457.85 provides a base and 1591.05 limits upward movement.
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Support/Resistance for PHOENIXLTD


Aroon: The AROON is currently in a neutral position for The Phoenix Mills 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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Aroon chart for The Phoenix Mills Limited


Bol. Bands: The BOLL BANDS 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 PHOENIXLTD, with no strong trend emerging.
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Bolinger Bands chart for The Phoenix Mills Limited


Parabolic SAR: The PSAR for PHOENIXLTD continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for The Phoenix Mills Limited


Stochastic: The current reading of the STOCHASTIC indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Stochastic chart for The Phoenix Mills Limited


Tripple Moving Agerage: A bullish trend is reflected in the alignment of the 20-50-100 period moving averages, though the slopes of the faster averages hint at a possible reversal. This weakening momentum suggests that while the overall trend is still upward, traders should be cautious of a potential shift in the near future.
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Tripple SMA chart for The Phoenix Mills 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.