Score is 42.24, stock is technically neutral. Stocks with score
above 70 are considered as technically Strong and below 35 are considered weak.
The Trendlyne Technical Score combines over 20 key technical indicators to calculate the stock's technical strength in the market. The technical score is recalculated at the end of trading day between 5pm and 7pm on most days.
Market Normalized Score:
Score is 51.63, stock is technically neutral w.r.t to market. This score implies that
48.37% of the stocks have higher score than Adani Enterprises Ltd.
RSI is mid-range
RSI is 47.66000, RSI below 30 is considered oversold and above 70 overbought
MFI is mid-range
MFI is 54.48000, MFI below 30 is considered oversold and above 70 overbought
MACD(12, 26, 9)
MACD below Center
MACD is below its Center Line, this is a bearish indicator.