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ReNew Energy Global Plc

RNW Technical Analysis Summary (NASDAQ)

Analyze RNW on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RNW●NASDAQ
UtilitiesRenewable Utilities
$6.81
$0.01(0.15%)
U.S. Market opens in 64h 17m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

RNW Technical Analysis Summary (NASDAQ)

ReNew Energy Global Plc (NASDAQ: RNW) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 66.42)
Trend Strength:Moderate (ADX: 26.28)
Volatility:Medium (ATR: 0.14)
Support/Resistance:$5.76 – $7.08 (Bollinger Bands)

Technical conditions suggest ReNew Energy Global Plc on the NASDAQ is awaiting a decisive move. This mix signals that ReNew Energy Global Plc is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 95.42

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.75

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.65

Strongly Bullish
Strong upside momentum.

Takeaway:ReNew Energy Global Plc shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.18

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.14

Low
Low volatility, stable price action.

CCI (14): 58.70

Bullish
Bullish, momentum building upward.

Takeaway:ReNew Energy Global Plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.08
Middle Band (SMA 20)
$6.42
Lower Band
$5.76
Current Position
Within Bands

Takeaway:ReNew Energy Global Plc trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$6.81
Middle Line (EMA 20)
$6.53
Lower Channel
$6.24
Squeeze Status
No Squeeze

Takeaway:ReNew Energy Global Plc trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume33.25M
Money Flow Index82.38Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index48.14Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RNW shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of ReNew Energy Global Plc (NASDAQ: RNW), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:ReNew Energy Global Plc stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(NASDAQ: RNW) Technical Analysis FAQ