Is Coromandel Engineering Company Limited stock a buy or sell right now?

Coromandel Engineering Company Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Coromandel Engineering Company Limited’s RSI?

RSI is 52.66, showing balanced momentum within the normal range.

What does MACD indicate for COROENGG.BO?

MACD at -1.62 shows bearish pressure, with downside momentum building.

What are Coromandel Engineering Company Limited’s key support and resistance levels?

Support sits around $76.79, while resistance is near $86.75.

Coromandel Engineering Company Limited

COROENGG.BO•BSE

Consumer Cyclical

Residential Construction

₹80.79

₹0.00(0.00%)

Indian Market opens in 8h 14m

Coromandel Engineering Company Limited (COROENGG.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Coromandel Engineering Company Limited (BSE:COROENGG.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

COROENGG.BO Technical Analysis Summary

Coromandel Engineering Company Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 52.66)

Trend Strength:Weak (ADX: 15.23)

Volatility:High (ATR: 4.18)

Support/Resistance:$76.79 – $86.75 (Bollinger Bands)

This mix signals that Coromandel Engineering Company Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.66

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 45.84

Neutral

Mid-range signal with no clear trend.

Williams %R: -18.99

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): -0.61

Neutral

Price change is minimal.

Takeaway:Coromandel Engineering Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -1.62

Bearish

Bearish, trend momentum is strengthening to the downside.

ADX: 15.23

Weak

Weak trend, market trading sideways.

ATR (14): 4.18

Medium

Medium volatility, healthy price movement.

CCI (14): 43.83

Bullish

Bullish, momentum building upward.

Takeaway:Coromandel Engineering Company Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$86.75

Middle Band (SMA 20)

$81.77

Lower Band

$76.79

Current Position

Within Bands

Takeaway:Coromandel Engineering Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels

Upper Channel

$90.64

Middle Line (EMA 20)

$82.28

Lower Channel

$73.91

Squeeze Status

Squeeze On

Takeaway:Coromandel Engineering Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume298.34K

Money Flow Index43.53Neutral, balanced money flows with no clear signal.

Relative Vigor Index61.23Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary

Based on the current technical analysis of Coromandel Engineering Company Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Coromandel Engineering Company Limited are mixed, suggesting a Hold or wait-and-see approach.