Technical Analysis for RNW - ReNew Energy Global plc

Grade Last Price % Change Price Change
D 5.97 1.36% 0.08
RNW closed up 1.36 percent on Tuesday, May 21, 2024, on 57 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: Jun 4
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Down

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 1.36%
Doji - Bullish? Reversal 1.36%
Down 3 Days in a Row Weakness 1.36%
Bearish Engulfing Bearish 0.67%
Fell Below 20 DMA Bearish 0.67%
Fell Below 200 DMA Bearish 0.67%
Fell Below 50 DMA Bearish 0.67%
Expansion Pivot Sell Setup Bearish Swing Setup 0.67%

   Recent Intraday Alerts

Alert Time
Up 2% about 11 hours ago
60 Minute Opening Range Breakout about 11 hours ago
Rose Above 20 DMA about 12 hours ago
Lizard Bullish Entry about 12 hours ago
Rose Above Previous Day's High about 12 hours ago

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Profile

ReNew Energy Global plc operates as a renewable energy independent power producer in India. It operates through Wind Power and Solar Power segments. The company develops, builds, owns, and operates utility scale wind and solar energy, as well as distributed solar energy projects that generate energy for commercial and industrial customers. As of March 31, 2021, the company had a total capacity of 10 GW of wind and solar energy projects across India, including commissioned and committed projects. The company was incorporated in 2011 and is based in Gurugram, India.
Classification

Sector: Utilities
Industry: Utilities - Renewable
Keywords: Renewable Energy Energy Conversion Solar Power Solar Energy Sustainable Energy Solar Energy Projects

Is RNW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.79
52 Week Low 4.78
Average Volume 1,132,266
200-Day Moving Average 6.19
50-Day Moving Average 5.93
20-Day Moving Average 5.95
10-Day Moving Average 6.08
Average True Range 0.24
RSI (14) 50.00
ADX 21.61
+DI 28.75
-DI 28.52
Chandelier Exit (Long, 3 ATRs) 5.84
Chandelier Exit (Short, 3 ATRs) 6.21
Upper Bollinger Bands 6.49
Lower Bollinger Band 5.41
Percent B (%b) 0.52
BandWidth 18.03
MACD Line 0.06
MACD Signal Line 0.06
MACD Histogram 0.0031
Fundamentals Value
Market Cap 1.47 Billion
Num Shares 247 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 74.63
Price-to-Sales 0.03
Price-to-Book 1.81
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 6.21
Resistance 3 (R3) 6.21 6.12 6.17
Resistance 2 (R2) 6.12 6.06 6.13 6.16
Resistance 1 (R1) 6.05 6.02 6.09 6.05 6.14
Pivot Point 5.96 5.96 5.98 5.97 5.96
Support 1 (S1) 5.89 5.90 5.93 5.89 5.80
Support 2 (S2) 5.80 5.86 5.81 5.78
Support 3 (S3) 5.73 5.80 5.77
Support 4 (S4) 5.73