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Meyer Apparel Limited

MAL.BO Technical Analysis Summary (BSE)

Analyze MAL.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MAL.BO●BSE
Consumer CyclicalApparel - Manufacturers
₹2.19
₹0.00(0.00%)
Indian Market opens in 40h 32m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MAL.BO Technical Analysis Summary (BSE)

Meyer Apparel Limited (BSE: MAL.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.65)
Trend Strength:Weak (ADX: 19.56)
Volatility:Medium (ATR: 0.05)
Support/Resistance:$1.77 – $2.45 (Bollinger Bands)

Technical conditions suggest Meyer Apparel Limited on the BSE is awaiting a decisive move. This mix signals that Meyer Apparel Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 51.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: -33.82

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 19.67

Strongly Bullish
Strong upside momentum.

Takeaway:Meyer Apparel Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.56

Weak
Weak trend, market trading sideways.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): 0.64

Neutral
Neutral, no strong directional signal.

Takeaway:Meyer Apparel Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.45
Middle Band (SMA 20)
$2.11
Lower Band
$1.77
Current Position
Within Bands

Takeaway:Meyer Apparel Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.29
Middle Line (EMA 20)
$2.18
Lower Channel
$2.07
Squeeze Status
No Squeeze

Takeaway:Meyer Apparel Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume148.88K
Money Flow Index87.39Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index19.92Bearish, price momentum favors sellers.

Overall Takeaway:MAL.BO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Meyer Apparel Limited (BSE: MAL.BO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Meyer Apparel Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(BSE: MAL.BO) Technical Analysis FAQ