Is Pradeep Metals Limited stock a buy or sell right now?

Pradeep Metals Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Pradeep Metals Limited’s RSI?

RSI is 64.92, showing balanced momentum within the normal range.

What does MACD indicate for PRADPME.BO?

MACD at 8.12 signals bullish momentum with buyers in control.

What are Pradeep Metals Limited’s key support and resistance levels?

Support sits around $360.96, while resistance is near $413.15. A breakout above $413.15 would open the door for further upside.

Pradeep Metals Limited

PRADPME.BO•BSE

Industrials

Manufacturing - Metal Fabrication

₹430.25

₹38.30(9.77%)

Indian Market opens in 10h 48m

Pradeep Metals Limited (PRADPME.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Pradeep Metals Limited (BSE:PRADPME.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

PRADPME.BO Technical Analysis Summary

Pradeep Metals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bullish (RSI: 64.92)

Trend Strength:Weak (ADX: 12.15)

Volatility:Medium (ATR: 21.00)

Support/Resistance:$360.96 – $413.15 (Bollinger Bands)

Technical conditions suggest Pradeep Metals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 64.92

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 50.60

Neutral

Mid-range signal with no clear trend.

Williams %R: -8.48

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 14.76

Strongly Bullish

Strong upside momentum.

Takeaway:Pradeep Metals Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 8.12

Bullish

Bullish, trend momentum is strengthening.

ADX: 12.15

Weak

Weak trend, market trading sideways.

ATR (14): 21.00

Rising

Rising volatility, market activity increasing.

CCI (14): 207.36

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Pradeep Metals Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$413.15

Middle Band (SMA 20)

$387.06

Lower Band

$360.96

Current Position

Above Upper Band

Takeaway:Pradeep Metals Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$430.49

Middle Line (EMA 20)

$388.49

Lower Channel

$346.48

Squeeze Status

Squeeze On

Takeaway:Pradeep Metals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume124.20K

Money Flow Index86.65Bearish risk, overbought conditions may trigger pullback.

Relative Vigor Index63.86Bullish, price momentum strongly favors buyers.

Overall Takeaway:PRADPME.BO shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary

Based on the current technical analysis of Pradeep Metals Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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