(BajajElect) Bajaj Elect Renko charts technical analysis
(BajajElect) Bajaj Elect Renko charts technical analysis Renko analysis of Bajaj Elect | Buy/Sell Bajaj Elect
10 day averaged volume of Bajaj Elect is 9454
| Date | Closing Price | Open | High | Low | Volume |
| 16 Mon May 2022 | 913.60 | 914.95 | 926.00 | 905.80 | 0.003 Mn |
| 13 Fri May 2022 | 909.65 | 940.00 | 940.50 | 895.00 | 0.006 Mn |
| 12 Thu May 2022 | 917.30 | 911.85 | 936.15 | 875.50 | 0.02 Mn |
| 11 Wed May 2022 | 928.50 | 982.95 | 982.95 | 913.10 | 0.014 Mn |
| 10 Tue May 2022 | 979.10 | 1002.05 | 1027.85 | 970.80 | 0.006 Mn |
| 09 Mon May 2022 | 1010.55 | 1071.90 | 1105.00 | 1000.10 | 0.018 Mn |
| 06 Fri May 2022 | 1093.85 | 1086.15 | 1099.80 | 1069.25 | 0.003 Mn |
| 05 Thu May 2022 | 1096.75 | 1097.10 | 1112.60 | 1094.60 | 0.003 Mn |
| 04 Wed May 2022 | 1097.10 | 1095.00 | 1115.50 | 1095.00 | 0.011 Mn |
| 02 Mon May 2022 | 1096.60 | 1106.95 | 1124.05 | 1084.05 | 0.009 Mn |
Indicators analysis of Bajaj Elect (BajajElect)
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Bajaj Elect ( (BajajElect) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Bajaj Elect stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Bajaj Elect in short term and the sell signal is strong.
Bajaj Elect Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Bajaj Elect in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Bajaj Elect is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 990.41 and Bajaj Elect (BajajElect) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Bajaj Elect (BajajElect) stock. Volume based technical analysis of Bajaj Elect (BajajElect) stock is negative.
Bajaj Elect Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Renko charts
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 7, 39, 68 | Sell |
| MACD | -77, -49 | Sell |
| Stochastics | 15 | Sell |
| CCI | -84 | Buy |
| RSI | 42 | Sell |
| OBV | 344099 | Sell |
| VWAP | 990 | Sell |
| ADL | 0 | Sell |
| ROC | -17 | Sell |
| Force Index | 0 | Sell |
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