Score is 53.42, 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 61.22, stock is technically neutral w.r.t to market. This score implies that
38.78% of the stocks have higher score than Larsen & Toubro Ltd.
RSI is mid-range
RSI is 65.51000, RSI below 30 is considered oversold and above 70 overbought
MFI strongly Overbought
MFI is 80.84000, MFI above 80 is considered strongly overbought.
This implies that stock may show pullback.
MACD(12, 26, 9)
MACD above Signal and Center
MACD is above its center and signal Line, this is a bullish indicator.