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Azure Power Global Limited

AZREF•PNK
Utilities
Renewable Utilities
$1.00
$0.00(0.00%)
U.S. Market opens in 10h 25m

Azure Power Global Limited (AZREF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Azure Power Global Limited (PNK:AZREF).

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

AZREF Technical Analysis Summary

Azure Power Global Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.96)
Trend Strength:Strong (ADX: 39.59)
Volatility:High (ATR: 0.15)
Support/Resistance:$0.84 – $1.22 (Bollinger Bands)

This mix signals that Azure Power Global Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.96

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 35.32

Bearish
Momentum remains weak below midpoint.

Williams %R: -94.04

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Azure Power Global Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 39.59

Strong
Strong trend, momentum well established.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): -51.47

Bearish
Bearish, momentum remains under pressure.

Takeaway:Azure Power Global Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.22
Middle Band (SMA 20)
$1.03
Lower Band
$0.84
Current Position
Within Bands

Takeaway:Azure Power Global Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.33
Middle Line (EMA 20)
$1.03
Lower Channel
$0.73
Squeeze Status
Squeeze On

Takeaway:Azure Power Global Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume698.50K
Money Flow Index99.27Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index24.17Bearish, price momentum favors sellers.

Overall Takeaway:AZREF shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Azure Power Global Limited, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Azure Power Global Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ