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Onida Electronics Limited

MIRCELECTR.BO Technical Analysis Summary (BSE)

Analyze MIRCELECTR.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MIRCELECTR.BOBSE
Consumer CyclicalFurnishings, Fixtures & Appliances
35.95
0.15(0.42%)
Indian Market opens in 9h 40m

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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

MIRCELECTR.BO Technical Analysis Summary (BSE)

Onida Electronics Limited (BSE: MIRCELECTR.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 37.87)
Trend Strength:Weak (ADX: 16.19)
Volatility:Medium (ATR: 1.62)
Support/Resistance:$35.74 – $40.00 (Bollinger Bands)

Technical conditions suggest Onida Electronics Limited on the BSE is awaiting a decisive move. This mix signals that Onida Electronics Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 37.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 7.97

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.74

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -3.49

Bearish
Selling pressure outweighs buying.

Takeaway:Onida Electronics Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.91

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.19

Weak
Weak trend, market trading sideways.

ATR (14): 1.62

Low
Low volatility, stable price action.

CCI (14): -144.08

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Onida Electronics Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$40.00
Middle Band (SMA 20)
$37.87
Lower Band
$35.74
Current Position
Within Bands

Takeaway:Onida Electronics Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$41.19
Middle Line (EMA 20)
$37.95
Lower Channel
$34.71
Squeeze Status
Squeeze On

Takeaway:Onida Electronics Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-373.24K
Money Flow Index27.29Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.76Bearish, price momentum favors sellers.

Overall Takeaway:MIRCELECTR.BO shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Onida Electronics Limited (BSE: MIRCELECTR.BO), here are the key trading signals and recommendations:

Bullish Signals

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:Technical indicators for Onida Electronics Limited are mixed, suggesting a Hold or wait-and-see approach.

(BSE: MIRCELECTR.BO) Technical Analysis FAQ