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Stock analysis Waaree Energies Limited WAAREEENER

More indepth analysis on MunafaSutra.com

Moving Averages for Waaree Energies Limited

  • 5Day Average: 2634.34
  • 12Day Average: 2616.27
  • 20Day Average: 2695.13
  • 50Day Average: 2815.41

WAAREEENER Indicators & signals

Indicator MACD (12,26,9)

2650.89, 2726.05, -80.55
Indicator MACD is in negative zone

Indicator ADX (14)

15.78, 15.92, 21.88
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of WAAREEENER Waaree Energies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
21 Tue Jan 2025 2673.40 2591.10 to 2721.00 1.47% 1.13 times
20 Mon Jan 2025 2634.60 2611.00 to 2667.45 1.12% 0.5 times
17 Fri Jan 2025 2605.30 2595.00 to 2656.00 -1.63% 0.39 times
16 Thu Jan 2025 2648.50 2630.05 to 2683.95 1.48% 0.68 times
15 Wed Jan 2025 2609.90 2590.00 to 2684.90 -0.28% 0.91 times
14 Tue Jan 2025 2617.10 2493.10 to 2635.00 5.22% 1.55 times
13 Mon Jan 2025 2487.20 2475.00 to 2648.00 0% 1.57 times
13 Mon Jan 2025 2487.20 2475.00 to 2648.00 -3.03% 1.57 times
10 Fri Jan 2025 2565.00 2560.00 to 2647.55 -1.36% 1.17 times
09 Thu Jan 2025 2600.40 2591.00 to 2693.30 -3.6% 0.96 times
08 Wed Jan 2025 2697.65 2686.50 to 2760.60 -2.58% 0.7 times
07 Tue Jan 2025 2769.00 2739.90 to 2824.00 1% 0.77 times

Technical analysis forecast for Waaree Energies Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Waaree Energies Limited WAAREEENER at this time. Stock is falling and might fall more.

It appears as if Waaree Energies Limited WAAREEENER gave a large move recently.

Stock of Waaree Energies Limited (WAAREEENER) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Waaree Energies Limited is bearish for shortterm, and stock might move down till 2580.2 or till 2440.9. Use a stoploss of 2696.33 and if the stock hits stoploss, then it can shoot up till 2812.42

More indepth analysis on MunafaSutra.com