Overall Technical outlook

Price Summary

Tamilnad Mercantile Bank Limited's stock, on 2025-07-15 opened at 444.0, climbed to a high of 450.65, dropped to a low of 444.0, and closed up 1.02% at 448.55, with 83522 shares traded.
The peak price for the stock in the past 52 weeks is 502.8, with the lowest price being 406.9.

Technicals

Support and Resistance: At 448.55, the price is held up by support at 447.35 and faces resistance at 456.55 for TMB. This suggests a trading range where 447.35 provides a base and 456.55 limits upward movement.
TMB supportResistance 80e057
Support/Resistance for TMB


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
TMB aroon 80e057
Aroon chart for Tamilnad Mercantile Bank 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 TMB, with no strong trend emerging.
TMB bbands 80e057
Bolinger Bands chart for Tamilnad Mercantile Bank Limited


Parabolic SAR: The PSAR continues to signal a bearish outlook, establishing a resistance level that could act as a ceiling for upward trends. This resistance suggests that the market may struggle to overcome bearish forces, keeping prices under pressure.
TMB psar 80e057
Parabolic Stop and Reverse chart for Tamilnad Mercantile Bank 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.
TMB stoch 80e057
Stochastic chart for Tamilnad Mercantile Bank Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
TMB trippleSMA 80e057
Tripple SMA chart for Tamilnad Mercantile Bank Limited


Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.