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Pradeep Metals Limited

PRADPME.BO Technical Analysis Summary (BSE)

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

PRADPME.BO●BSE
IndustrialsManufacturing - Metal Fabrication
₹474.70
₹19.70(4.33%)
Indian Market opens in 12h 46m

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 (BSE)

Pradeep Metals Limited (BSE: PRADPME.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: 33.11)
Trend Strength:Weak (ADX: 15.01)
Volatility:Medium (ATR: 15.17)
Support/Resistance:$452.41 – $524.67 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 33.11

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.69

Bullish
Oversold zone signals rebound potential.

Williams %R: -79.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.42

Strongly Bearish
Sharp downside momentum.

Takeaway:Pradeep Metals Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -13.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.01

Weak
Weak trend, market trading sideways.

ATR (14): 15.17

Rising
Rising volatility, market activity increasing.

CCI (14): -139.08

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$524.67
Middle Band (SMA 20)
$488.54
Lower Band
$452.41
Current Position
Within Bands

Takeaway:Pradeep Metals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$514.55
Middle Line (EMA 20)
$484.21
Lower Channel
$453.86
Squeeze Status
No Squeeze

Takeaway:Pradeep Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-3.88K
Money Flow Index18.55Bullish, oversold conditions signal rebound potential.
Relative Vigor Index54.03Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Pradeep Metals Limited (BSE: PRADPME.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.

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

(BSE: PRADPME.BO) Technical Analysis FAQ