Homepage Active Options Active Stocks

Stock analysis Tamilnad Merca Bank Ltd TMB

More indepth analysis on MunafaSutra.com

Moving Averages for Tamilnad Merca Bank Ltd

  • 5Day Average: 446.6
  • 12Day Average: 431.35
  • 20Day Average: 426.91
  • 50Day Average: 421.73
  • 100Day Average: 440.2
  • 150Day Average: 443.94
  • 200Day Average: 448.93

TMB Indicators & signals

Indicator MACD (12,26,9)

436.26, 429.08, 3.78
Indicator MACD is in positive zone

Indicator ADX (14)

45.51, 31.99, 11.98
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of TMB Tamilnad Merca Bank Ltd are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Fri Apr 2025 445.75 441.50 to 463.95 -2.37% 0.99 times
24 Thu Apr 2025 456.55 445.00 to 482.00 3.55% 6.14 times
23 Wed Apr 2025 440.90 438.15 to 457.95 -1.66% 0.58 times
22 Tue Apr 2025 448.35 440.05 to 450.00 1.56% 0.38 times
21 Mon Apr 2025 441.45 433.85 to 444.50 1.35% 0.51 times
17 Thu Apr 2025 435.55 420.90 to 449.00 3.03% 0.55 times
16 Wed Apr 2025 422.75 421.70 to 429.85 -0.54% 0.52 times
15 Tue Apr 2025 425.05 416.20 to 428.70 1.52% 0.67 times
11 Fri Apr 2025 418.70 416.35 to 422.05 1% 0.18 times
09 Wed Apr 2025 414.55 410.50 to 419.00 0.11% 0.28 times
08 Tue Apr 2025 414.10 411.90 to 419.95 0.4% 0.2 times
07 Mon Apr 2025 412.45 401.00 to 425.90 -3.14% 0.51 times

Technical analysis forecast of Tamilnad Merca Bank Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Tamilnad Merca Bank Ltd TMB at this time. Stock is rising and might rise more.

It appears as if Tamilnad Merca Bank Ltd TMB gave a large move recently.

Stock of Tamilnad Merca Bank Ltd (TMB) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of Tamilnad Merca Bank Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Tamilnad Merca Bank Ltd stays above 444.3, but if it comes below 444.3, then a intra day sell could be more profitable.
If you take a sell trade below 444.3, then use 444.3 as stoploss and 431.09 as target. However if you take a buy trade in Tamilnad Merca Bank Ltd, then use 444.3 as stoploss and 460.2 as target.

More indepth analysis on MunafaSutra.com