Score is 53.0, stock is technically neutral. Stocks with score
above 70 are considered as technically Strong and below 35 are considered weak.
The Trendlyne Momentum Score combines over 20 key technical indicators to calculate the stock's technical strength in the market. The momentum score is recalculated at the end of trading day between 5pm and 7pm on most days.
Normalized Momentum Score:
Score is 64.4, stock is technically neutral w.r.t to market. This score implies that
35.6% of the stocks have higher score than Mahalaxmi Seamless Ltd.
RSI is mid-range
RSI is 41.9, RSI below 30 is considered oversold and above 70 overbought
MFI strongly Oversold
MFI is 0.1, MFI below 20 is considered strongly oversold.
This implies that stock may rebound.
MACD(12, 26, 9)
MACD below Signal and Center
MACD is below its Signal and Center Line, this is a strong bearish indicator.