Score is 34.0, stock is technically weak. Stocks with score
below 35 or in the bottom 30% are considered as technically 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 41.3, stock is technically neutral w.r.t to market. This score implies that
58.7% of the stocks have higher score than Steel Strips Wheels Ltd.
RSI is mid-range
RSI is 36.5, RSI below 30 is considered oversold and above 70 overbought
MFI is mid-range
MFI is 37.0, 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.