Long Term Trend: Weak
AI Indicator Strength: 30.0%
StockM&M
Current Price₹3074.80
Short Term Trend
Consolidating Sideways
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 49.12
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Weak
📊 M&M Stock Strength & Risk Analysis
✅ Positive Factors
- Midline RSI (49.12) provides ample room for an upside move.
❌ Risk Factors
- Long-term trend alignment is structurally bearish.
- Downward structural bias is currently active.
📌 Market Outlook
Caution is advised as technicals remain firmly embedded in a downtrend.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹2900.40
₹2871.40
₹2842.39
🔴 Resistance Zones
₹3292.00
₹3324.92
₹3357.84
M&M Price Action: Immediate buying interest for M&M has historically emerged around the ₹2900.4 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹3292.00. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 1418.97 |
| 38.2% | 1881.61 |
| 50.0% | 2255.52 |
| 61.8% | 2629.44 |
| 78.6% | 3161.79 |
Structural Pullbacks: Looking at the Fibonacci retracement map for M&M, the 38.2% level at ₹1881.61 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where M&M might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 3098.55 | SMA5 | 3123.28 |
| EMA9 | 3083.66 | SMA9 | 3066.98 |
| EMA20 | 3077.01 | SMA20 | 3058.20 |
| EMA50 | 3119.28 | SMA50 | 3123.88 |
| EMA100 | 3205.72 | SMA100 | 3217.67 |
| EMA200 | 3257.58 | SMA200 | 3412.96 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 < EMA50 (Medium Downtrend): -1 🔴
🔴
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -4
🔴
• Confidence Score: 30.00%
🔴
Total Score: -4
Technical Indicator Strength: 30.0%
- Weak alignment in behavior
- AI Confidence Score: 30.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 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 |
| 2026-05-15 |
Bearish |
3123.1 |
3100.0 |
3111.7 |
3050.0 |
1.61% |
0.38 |
3158.8 |
3033.0% |
2.88 |
1.14 |
100.00 67.00 Success |
| 2026-05-05 |
Bullish |
3210.8 |
3245.0 |
3315.7 |
3243.5 |
2.18% |
0.05 |
3399.0 |
3166.3% |
5.86 |
1.39 |
100.00 85.87 Success |
| 2026-04-30 |
Bearish |
3097.5 |
3097.5 |
3097.5 |
3097.5 |
0.00% |
0.00 |
3399.0 |
3070.2% |
0.88 |
9.73 |
26.55 43.94 No Trade |
| 2026-04-29 |
Bullish |
3152.3 |
3105.4 |
3117.3 |
3047.0 |
0.38% |
1.88 |
3315.7 |
3047.0% |
5.18 |
3.34 |
88.40 76.65 Success |
| 2026-04-27 |
Bearish |
3102.4 |
3115.9 |
3144.0 |
3075.0 |
1.31% |
0.90 |
3192.0 |
3047.0% |
1.79 |
2.89 |
100.00 66.53 Success |
| 2026-04-01 |
Bullish |
3031.5 |
2975.0 |
3028.8 |
2928.1 |
1.81% |
1.58 |
3231.0 |
2928.1% |
6.58 |
3.41 |
100.00 89.11 Success |
| 2026-03-30 |
Bearish |
2954.7 |
3079.9 |
3079.9 |
3010.1 |
2.27% |
0.00 |
3231.0 |
2928.1% |
0.90 |
9.35 |
52.38 63.38 Success |
| 2026-03-25 |
Bullish |
3128.1 |
3100.0 |
3105.2 |
3030.0 |
0.17% |
2.26 |
3105.2 |
2928.1% |
-0.73 |
6.39 |
100.00 63.07 Success |
| 2026-02-19 |
Bearish |
3431.8 |
3443.0 |
3449.9 |
3402.5 |
1.18% |
0.20 |
3507.0 |
3390.0% |
1.22 |
2.19 |
100.00 60.11 Success |
| 2026-02-05 |
Bullish |
3572.0 |
3577.0 |
3590.0 |
3530.6 |
0.36% |
1.30 |
3787.0 |
3530.6% |
6.02 |
1.16 |
100.00 78.51 Success |
| 2026-01-13 |
Bearish |
3661.5 |
3663.0 |
3682.0 |
3635.1 |
0.76% |
0.52 |
3729.9 |
3540.0% |
3.32 |
1.87 |
100.00 68.90 Success |
| 2025-12-31 |
Bullish |
3709.2 |
3725.0 |
3774.0 |
3721.1 |
1.32% |
0.10 |
3839.9 |
3718.5% |
3.52 |
-0.25 |
100.00 63.40 Success |
| 2025-11-24 |
Bearish |
3690.8 |
3687.0 |
3695.8 |
3653.0 |
0.92% |
0.24 |
3795.0 |
3653.0% |
1.02 |
2.82 |
16.76 27.15 Success |
| 2025-11-07 |
Bullish |
3690.2 |
3690.2 |
3715.8 |
3645.1 |
0.69% |
1.22 |
3781.0 |
3645.1% |
2.46 |
1.22 |
100.00 61.09 Success |
| 2025-10-30 |
Bearish |
3502.1 |
3516.1 |
3526.7 |
3483.7 |
0.92% |
0.30 |
3718.0 |
3483.7% |
0.53 |
6.16 |
100.00 70.52 Success |
| 2025-10-17 |
Bullish |
3647.2 |
3674.0 |
3676.0 |
3593.0 |
0.05% |
2.20 |
3676.0 |
3593.0% |
0.79 |
1.49 |
100.00 50.50 Success |
| 2025-09-23 |
Bearish |
3614.6 |
3614.5 |
3626.3 |
3568.0 |
1.29% |
0.33 |
3626.3 |
3391.6% |
6.17 |
0.32 |
100.00 81.18 Success |
| 2025-09-04 |
Bullish |
3481.5 |
3511.0 |
3577.8 |
3481.5 |
1.90% |
0.84 |
3723.8 |
3481.5% |
6.96 |
0.00 |
91.60 81.60 Success |
| 2025-08-29 |
Bearish |
3199.5 |
3191.1 |
3324.9 |
3191.1 |
0.00% |
4.19 |
3577.8 |
3191.1% |
0.26 |
11.82 |
100.00 72.39 No Trade |
| 2025-08-13 |
Bullish |
3282.2 |
3273.2 |
3313.5 |
3262.0 |
1.23% |
0.34 |
3432.0 |
3262.0% |
4.56 |
0.62 |
40.43 48.25 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for M&M. 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.