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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
₹871.35
₹3.65(0.42%)
Indian Market opens in 1h 35m

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:Bullish to Strongly Bullish (RSI: 27.81)
Trend Strength:Strong (ADX: 35.49)
Volatility:Low (ATR: 17.06)
Support/Resistance:$871.08 – $930.18 (Bollinger Bands)

Technical conditions suggest Waaree Renewable Technologies on the BSE is awaiting a decisive move. Technical conditions suggest Waaree Renewable Technologies is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 27.81

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 4.21

Bullish
Oversold zone signals rebound potential.

Williams %R: -93.43

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -4.64

Bearish
Selling pressure outweighs buying.

Takeaway:Waaree Renewable Technologies shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -23.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.49

Strong
Strong trend, momentum well established.

ATR (14): 17.06

Rising
Rising volatility, market activity increasing.

CCI (14): -140.27

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Waaree Renewable Technologies shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$930.18
Middle Band (SMA 20)
$900.63
Lower Band
$871.08
Current Position
Within Bands

Takeaway:Waaree Renewable Technologies trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$939.52
Middle Line (EMA 20)
$905.40
Lower Channel
$871.28
Squeeze Status
Squeeze On

Takeaway:Waaree Renewable Technologies trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-52.53K
Money Flow Index17.54Bullish, oversold conditions signal rebound potential.
Relative Vigor Index24.80Bearish, price momentum favors sellers.

Overall Takeaway:WAAREERTL.BO shows oversold money flow, with rebound potential building.

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.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

(BSE: WAAREERTL.BO) Technical Analysis FAQ