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Stock analysis Waaree Energies Limited WAAREEENER

More indepth analysis on MunafaSutra.com

Moving Averages for Waaree Energies Limited

  • 5Day Average: 2674.73
  • 12Day Average: 2761.62
  • 20Day Average: 2858.87
  • 50Day Average: 2900.49

WAAREEENER Indicators & signals

Indicator MACD (12,26,9)

2751.54, 2829.18, -44.23
Indicator MACD is in negative zone

Indicator ADX (14)

26.98, 16.72, 29.07
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
10 Fri Jan 2025 2565.00 2560.00 to 2647.55 -1.36% 1.3 times
09 Thu Jan 2025 2600.40 2591.00 to 2693.30 -3.6% 1.07 times
08 Wed Jan 2025 2697.65 2686.50 to 2760.60 -2.58% 0.78 times
07 Tue Jan 2025 2769.00 2739.90 to 2824.00 1% 0.85 times
06 Mon Jan 2025 2741.60 2695.00 to 2843.40 -2.81% 1.29 times
03 Fri Jan 2025 2820.85 2815.00 to 2892.95 -0.64% 1 times
02 Thu Jan 2025 2839.10 2830.00 to 2877.00 -0.81% 0.91 times
01 Wed Jan 2025 2862.20 2842.50 to 2906.00 0.27% 0.86 times
31 Tue Dec 2024 2854.60 2737.95 to 2868.00 2.85% 1.35 times
30 Mon Dec 2024 2775.45 2758.80 to 2853.90 -0.54% 1.09 times
27 Fri Dec 2024 2790.40 2781.30 to 2850.00 -1.16% 0.81 times
26 Thu Dec 2024 2823.15 2811.00 to 2900.00 -1.59% 1.13 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, but trade for tomorrow is selective. Take a sell trade only if Waaree Energies Limited stays below 2654.2, but if it comes above 2654.2, then a intra day buy could be more profitable.
If you take a sell trade below 2654.2, then use 2654.2 as stoploss and 2473.2 as target. However if you take a buy trade in Waaree Energies Limited, then use 2654.2 as stoploss and 2805.09 as target.

More indepth analysis on MunafaSutra.com