Score is 55.0, 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 64.6, stock is technically neutral w.r.t to market. This score implies that
35.4% of the stocks have higher score than Varroc Engineering Ltd.
RSI is mid-range
RSI is 68.2, RSI below 30 is considered oversold and above 70 overbought
MFI is 79.7, MFI above 70 is considered 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.