Long Term Trend: Neutral
AI Indicator Strength: 50.0%
StockCOROMANDEL
Current Price₹2015.20
Short Term Trend
Strong Upward
Trend: Neutral
¼ Long Term Trend Structure
- Price consolidating within ranges
- Momentum aligned with structure
RSI: Neutral-Bearish
📊 Momentum (RSI)
- RSI: 60.49
- Mild negative bias
MACD: Strong Bullish
¼ MACD Observation
- Strong positive MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bearish
- Trend → Neutral
📊 COROMANDEL Stock Strength & Risk Analysis
✅ Positive Factors
- Technical structure remains largely defensive with limited active catalysts.
❌ Risk Factors
- Downward structural bias is currently active.
📌 Market Outlook
Neutral structural conditions warrant a patient, wait-and-see approach.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1706.50
₹1689.44
₹1672.37
🔴 Resistance Zones
₹2081.00
₹2101.81
₹2122.62
COROMANDEL Price Action: The nearest structural support is quite distant at ₹1706.5 (over 10% away). In the short term, traders should watch the EMA50 at ₹1933.45 as a dynamic support level. On the upside, the primary hurdle for an upward rally is positioned at ₹2081.00.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 1183.60 |
| 38.2% | 1477.00 |
| 50.0% | 1714.12 |
| 61.8% | 1951.25 |
| 78.6% | 2288.86 |
Structural Pullbacks: Looking at the Fibonacci retracement map for COROMANDEL, the 38.2% level at ₹1477.00 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where COROMANDEL might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 2012.06 | SMA5 | 2033.06 |
| EMA9 | 1970.20 | SMA9 | 1959.49 |
| EMA20 | 1916.71 | SMA20 | 1866.06 |
| EMA50 | 1933.45 | SMA50 | 1930.73 |
| EMA100 | 2008.99 | SMA100 | 2035.36 |
| EMA200 | 2077.14 | SMA200 | 2150.12 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bearish: -1 🔴
🔴
• Price > EMA20 (Short-term Bullish): +1 🟢
🟢
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bullish: +2 🟢
🟢
• Total Score: 0
🔴
• Confidence Score: 50.00%
🔴
Total Score: 0
Technical Indicator Strength: 50.0%
- Neutral alignment in behavior
- AI Confidence Score: 50.0%
👉 Market appears neutral
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-06-09 |
Bullish |
1807.1 |
1815.5 |
1889.9 |
1809.8 |
4.10% |
0.31 |
2081.0 |
1809.8% |
15.16 |
-0.15 |
100.00 95.00 Success |
| 2026-04-29 |
Bearish |
2007.9 |
2004.0 |
2007.9 |
1955.7 |
2.41% |
0.19 |
2036.2 |
1955.7% |
2.60 |
1.41 |
93.50 67.06 Success |
| 2026-04-06 |
Bullish |
1892.2 |
1863.0 |
2040.0 |
1860.0 |
9.50% |
0.16 |
2197.9 |
1860.0% |
16.16 |
1.70 |
33.97 80.59 Success |
| 2026-04-02 |
Bearish |
1878.3 |
1897.0 |
1912.4 |
1850.0 |
2.48% |
0.81 |
2197.9 |
1850.0% |
1.51 |
17.02 |
64.00 69.78 Success |
| 2026-04-01 |
Bullish |
1918.7 |
1890.0 |
1895.0 |
1829.9 |
0.26% |
3.18 |
2162.4 |
1829.9% |
12.70 |
4.63 |
38.56 63.46 Success |
| 2026-02-27 |
Bearish |
2220.0 |
2180.0 |
2204.0 |
2166.0 |
0.64% |
1.10 |
2204.0 |
1948.5% |
12.23 |
-0.72 |
100.00 89.56 Success |
| 2026-02-09 |
Bullish |
2281.4 |
2281.4 |
2288.9 |
2251.4 |
0.33% |
1.31 |
2300.0 |
2231.0% |
0.82 |
2.21 |
100.00 54.75 Success |
| 2026-01-19 |
Bearish |
2271.2 |
2284.9 |
2318.0 |
2250.6 |
1.50% |
1.45 |
2318.0 |
2174.5% |
4.26 |
2.06 |
100.00 77.95 Success |
| 2026-01-15 |
Bullish |
2320.5 |
2320.5 |
2343.6 |
2301.9 |
1.00% |
0.80 |
2343.6 |
2174.5% |
1.00 |
6.29 |
37.49 50.46 Success |
| 2025-12-30 |
Bearish |
2236.5 |
2253.0 |
2340.0 |
2252.7 |
0.01% |
3.86 |
2340.0 |
2242.1% |
-0.25 |
4.63 |
100.00 56.74 Success |
| 2025-12-22 |
Bullish |
2395.7 |
2390.0 |
2418.8 |
2344.1 |
1.21% |
1.92 |
2429.9 |
2201.5% |
1.43 |
8.11 |
100.00 78.98 Success |
| 2025-12-10 |
Bearish |
2283.5 |
2284.3 |
2285.1 |
2236.0 |
2.11% |
0.04 |
2342.0 |
2236.0% |
2.08 |
2.56 |
100.00 70.08 Success |
| 2025-11-11 |
Bullish |
2177.9 |
2177.9 |
2199.9 |
2152.8 |
1.01% |
1.15 |
2241.0 |
2152.8% |
2.90 |
1.15 |
100.00 64.43 Success |
| 2025-11-03 |
Bearish |
2144.2 |
2155.0 |
2189.2 |
2123.0 |
1.48% |
1.59 |
2189.2 |
2095.5% |
2.27 |
2.10 |
100.00 66.81 Success |
| 2025-10-27 |
Bullish |
2244.8 |
2262.9 |
2291.9 |
2222.6 |
1.28% |
1.78 |
2322.0 |
2099.8% |
3.44 |
6.46 |
100.00 82.28 Success |
| 2025-10-14 |
Bearish |
2177.1 |
2193.0 |
2208.7 |
2159.1 |
1.55% |
0.72 |
2209.0 |
2142.0% |
1.61 |
1.47 |
100.00 60.94 Success |
| 2025-09-29 |
Bullish |
2238.5 |
2235.1 |
2299.0 |
2189.1 |
2.86% |
2.06 |
2365.0 |
2189.1% |
5.65 |
2.21 |
97.30 89.72 Success |
| 2025-09-26 |
Bearish |
2186.7 |
2186.5 |
2285.0 |
2139.0 |
2.17% |
4.50 |
2365.0 |
2139.0% |
2.18 |
8.15 |
35.78 58.26 Success |
| 2025-09-17 |
Bullish |
2327.4 |
2315.0 |
2326.6 |
2276.6 |
0.50% |
1.66 |
2342.0 |
2215.2% |
0.63 |
4.82 |
100.00 65.18 Success |
| 2025-08-08 |
Bearish |
2420.1 |
2420.1 |
2464.9 |
2407.4 |
0.52% |
1.85 |
2464.9 |
2228.5% |
7.92 |
1.85 |
100.00 85.96 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for COROMANDEL. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.