Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Waaree Renewable Technologies

WAAREERTL.BO Technical Analysis Summary (BSE)

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

WAAREERTL.BO●BSE
UtilitiesIndependent Power Producers
₹850.90
₹37.05(4.55%)
Indian Market opens in 16h 55m

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

WAAREERTL.BO Technical Analysis Summary (BSE)

Waaree Renewable Technologies (BSE: WAAREERTL.BO) stock currently shows a bearish trend on the BSE, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 31.93)
Trend Strength:Strong (ADX: 31.04)
Volatility:Medium (ATR: 18.16)
Support/Resistance:$793.22 – $895.04 (Bollinger Bands)

Technical conditions suggest Waaree Renewable Technologies on the BSE is awaiting a decisive move. Overall, Waaree Renewable Technologies remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 31.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.27

Bearish
Momentum remains weak below midpoint.

Williams %R: -67.40

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -5.10

Strongly Bearish
Sharp downside momentum.

Takeaway:Waaree Renewable Technologies shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -23.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.04

Strong
Strong trend, momentum well established.

ATR (14): 18.16

Rising
Rising volatility, market activity increasing.

CCI (14): -37.30

Bearish
Bearish, momentum remains under pressure.

Takeaway:Waaree Renewable Technologies shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$895.04
Middle Band (SMA 20)
$844.13
Lower Band
$793.22
Current Position
Within Bands

Takeaway:Waaree Renewable Technologies trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$877.90
Middle Line (EMA 20)
$841.58
Lower Channel
$805.26
Squeeze Status
No Squeeze

Takeaway:Waaree Renewable Technologies trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-192.98K
Money Flow Index29.17Bearish, selling pressure outweighs inflows.
Relative Vigor Index51.34Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Waaree Renewable Technologies (BSE: WAAREERTL.BO), 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

No significant bearish signals detected.

Overall Recommendation:Waaree Renewable Technologies shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(BSE: WAAREERTL.BO) Technical Analysis FAQ