Technical Analysis for RNW - ReNew Energy Global plc

Grade Last Price % Change Price Change
D 5.49 0.18% 0.01
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 ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Up

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Wide Range Bar Range Expansion 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
MACD Bullish Signal Line Cross Bullish 0.18%
Pocket Pivot Bullish Swing Setup 0.18%

   Recent Intraday Alerts

Alert Time
Reversed from Down about 17 hours ago
10 DMA Support about 21 hours ago
2x Volume Pace about 22 hours ago
1.5x Volume Pace about 22 hours ago
Gap Up Closed about 22 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 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
Fundamentals Value
Market Cap 1.36 Billion
Num Shares 247 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 68.63
Price-to-Sales 0.03
Price-to-Book 1.81
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