Technical Analysis for RNW - ReNew Energy Global plc
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| D | 5.82 | 6.01% | 0.33 |
RNW closed up 0.18 percent on Wednesday, November 20, 2024, on 1.11 times normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
Earnings due: Nov 25
*** please verify all earnings dates ***| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Down | Down | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 20 DMA Resistance | Bearish | 6.01% | |
| Hammer Candlestick | Bullish | 6.01% | |
| Wide Range Bar | Range Expansion | 6.01% | |
| Outside Day | Range Expansion | 6.01% | |
| Gapped Up | Strength | 6.01% | |
| Up 3 Days in a Row | Strength | 6.01% | |
| Up 4 Days in a Row | Strength | 6.01% | |
| Up 5 Days in a Row | Strength | 6.01% | |
| MACD Bullish Signal Line Cross | Bullish | 6.20% | |
| Pocket Pivot | Bullish Swing Setup | 6.20% |
| Alert | Time |
|---|---|
| Up 3% | 12 minutes ago |
| Up 1 ATR | 12 minutes ago |
| Hammer Candlestick Entry | 20 minutes ago |
| Rose Above Previous Day's High | 20 minutes ago |
| Down 1% | 20 minutes ago |
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Basic chart:
- Earnings date: 11/25/2024
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.
Sector: Utilities
Industry: Utilities - Renewable
Keywords: Renewable Energy Energy Conversion Solar Power Solar Energy Sustainable Energy Solar Energy Projects
Classification
Sector: Utilities
Industry: Utilities - Renewable
Keywords: Renewable Energy Energy Conversion Solar Power Solar Energy Sustainable Energy Solar Energy Projects
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 7.79 |
| 52 Week Low | 5.1501 |
| Average Volume | 878,487 |
| 200-Day Moving Average | 5.99 |
| 50-Day Moving Average | 5.92 |
| 20-Day Moving Average | 5.56 |
| 10-Day Moving Average | 5.38 |
| Average True Range | 0.20 |
| RSI (14) | 43.82 |
| ADX | 30.78 |
| +DI | 13.84 |
| -DI | 30.17 |
| Chandelier Exit (Long, 3 ATRs) | 5.59 |
| Chandelier Exit (Short, 3 ATRs) | 5.75 |
| Upper Bollinger Bands | 6.03 |
| Lower Bollinger Band | 5.09 |
| Percent B (%b) | 0.43 |
| BandWidth | 17.00 |
| MACD Line | -0.14 |
| MACD Signal Line | -0.16 |
| MACD Histogram | 0.0147 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 6.15 | ||||
| Resistance 3 (R3) | 6.12 | 5.87 | 6.04 | ||
| Resistance 2 (R2) | 5.87 | 5.70 | 5.89 | 6.00 | |
| Resistance 1 (R1) | 5.68 | 5.60 | 5.56 | 5.71 | 5.97 |
| Pivot Point | 5.43 | 5.43 | 5.37 | 5.45 | 5.43 |
| Support 1 (S1) | 5.24 | 5.26 | 5.12 | 5.27 | 5.01 |
| Support 2 (S2) | 4.99 | 5.16 | 5.01 | 4.98 | |
| Support 3 (S3) | 4.80 | 4.99 | 4.94 | ||
| Support 4 (S4) | 4.83 |
