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Mitsu Chem Plast Limited

MITSU.BO•BSE
Industrials
Manufacturing - Miscellaneous
₹88.98
₹7.38(9.04%)
Indian Market is Open • 11:02

Mitsu Chem Plast Limited (MITSU.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Mitsu Chem Plast Limited (BSE:MITSU.BO).

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

MITSU.BO Technical Analysis Summary

Mitsu Chem Plast Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.43)
Trend Strength:Very Strong (ADX: 43.81)
Volatility:High (ATR: 5.28)
Support/Resistance:$81.34 – $103.24 (Bollinger Bands)

Technical conditions suggest Mitsu Chem Plast Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 23.14

Bearish
Momentum remains weak below midpoint.

Williams %R: -44.21

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.71

Bearish
Selling pressure outweighs buying.

Takeaway:Mitsu Chem Plast Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -5.30

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 43.81

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5.28

High
High volatility, wide price fluctuations.

CCI (14): -45.71

Bearish
Bearish, momentum remains under pressure.

Takeaway:Mitsu Chem Plast Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$103.24
Middle Band (SMA 20)
$92.29
Lower Band
$81.34
Current Position
Within Bands

Takeaway:Mitsu Chem Plast Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$103.00
Middle Line (EMA 20)
$92.44
Lower Channel
$81.87
Squeeze Status
No Squeeze

Takeaway:Mitsu Chem Plast Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume15.86K
Money Flow Index53.30Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.42Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Mitsu Chem Plast Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Mitsu Chem Plast Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ