Score is 50.0, 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 59.3, stock is technically neutral w.r.t to market. This score implies that
40.7% of the stocks have higher score than Reliance Industries Ltd.
RSI is mid-range
RSI is 46.5, RSI below 30 is considered oversold and above 70 overbought
MFI is mid-range
MFI is 40.5, MFI below 30 is considered oversold and above 70 overbought
MACD(12, 26, 9)
MACD below Signal and Center
MACD is below its Signal and Center Line, this is a strong bearish indicator.