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ReNew Energy Global Plc

RNW•NASDAQ
Utilities
Renewable Utilities
$5.49
$0.09(1.67%)
U.S. Market opens in 17h 21m

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: 46.22)
Trend Strength:Strong (ADX: 32.43)
Volatility:Medium (ATR: 0.15)
Support/Resistance:$5.17 – $5.62 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 46.22

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 56.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.55

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -0.37

Neutral
Price change is minimal.

Takeaway:ReNew Energy Global Plc shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.43

Strong
Strong trend, momentum well established.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 50.75

Bullish
Bullish, momentum building upward.

Takeaway:ReNew Energy Global Plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.62
Middle Band (SMA 20)
$5.39
Lower Band
$5.17
Current Position
Within Bands

Takeaway:ReNew Energy Global Plc trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.71
Middle Line (EMA 20)
$5.41
Lower Channel
$5.11
Squeeze Status
Squeeze On

Takeaway:ReNew Energy Global Plc trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-13.96M
Money Flow Index49.84Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.87Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RNW shows neutral money flow, with no clear directional pressure.

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

ADX above 20 → strong underlying trend.

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:ReNew Energy Global Plc shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ