Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

ReNew Energy Global Plc

RNW•NASDAQ
Utilities
Renewable Utilities
$5.31
$0.09(1.72%)
U.S. Market opens in 12h 58m

ReNew Energy Global Plc (RNW) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for ReNew Energy Global Plc (NASDAQ:RNW).

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

RNW Technical Analysis Summary

ReNew Energy Global Plc stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.80)
Trend Strength:Weak (ADX: 13.62)
Volatility:Medium (ATR: 0.14)
Support/Resistance:$5.19 – $5.62 (Bollinger Bands)

Technical conditions suggest ReNew Energy Global Plc is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.18

Bearish
Momentum remains weak below midpoint.

Williams %R: -61.11

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -3.89

Bearish
Selling pressure outweighs buying.

Takeaway:ReNew Energy Global Plc shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.62

Weak
Weak trend, market trading sideways.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): -67.05

Bearish
Bearish, momentum remains under pressure.

Takeaway:ReNew Energy Global Plc shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.62
Middle Band (SMA 20)
$5.40
Lower Band
$5.19
Current Position
Within Bands

Takeaway:ReNew Energy Global Plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5.64
Middle Line (EMA 20)
$5.36
Lower Channel
$5.07
Squeeze Status
Squeeze On

Takeaway:ReNew Energy Global Plc trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.62M
Money Flow Index43.74Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.98Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RNW shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of ReNew Energy Global Plc, 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:ReNew Energy Global Plc shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ