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 61.9, stock is technically neutral w.r.t to market. This score implies that
38.1% of the stocks have higher score than UltraTech Cement Ltd.
RSI is mid-range
RSI is 68.0, RSI below 30 is considered oversold and above 70 overbought
MFI strongly Overbought
MFI is 84.4, 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.