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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
₹517.00
₹0.00(0.00%)
Indian Market is Open · 11:24

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:Neutral to Bullish (RSI: 51.74)
Trend Strength:Weak (ADX: 15.66)
Volatility:Medium (ATR: 17.15)
Support/Resistance:$493.21 – $534.16 (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): 51.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 62.63

Bullish
Buying momentum building without extremes.

Williams %R: -42.83

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.34

Neutral
Price change is minimal.

Takeaway:Pradeep Metals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.11

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.66

Weak
Weak trend, market trading sideways.

ATR (14): 17.15

Rising
Rising volatility, market activity increasing.

CCI (14): 38.85

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$534.16
Middle Band (SMA 20)
$513.68
Lower Band
$493.21
Current Position
Within Bands

Takeaway:Pradeep Metals Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$548.02
Middle Line (EMA 20)
$513.72
Lower Channel
$479.42
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 Volume72.51K
Money Flow Index30.96Bearish, selling pressure outweighs inflows.
Relative Vigor Index41.61Neutral to Bearish, sellers hold a slight edge.

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

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(BSE: PRADPME.BO) Technical Analysis FAQ