AZURE POWER GLOBAL LTD (AZRE) Stock Technical Analysis
NYSE:AZRE - New York Stock Exchange, Inc. - MU0527S00004 - Common Stock - Currency: USD
Overall AZRE gets a technical rating of 0 out of 10. AZRE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than AZRE.
AZRE is one of the lesser performing stocks in the Independent Power and Renewable Electricity Producers industry. 94% of 19 stocks in the same industry do better.
AZRE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so AZRE is lagging the market.
In the last month AZRE has a been trading in the 1.50 - 2.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
The technical rating of AZRE is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.67
1.96
We can see 3 important resistance areas.
- A resistance zone ranging from 1.77 to 1.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.90 from a trend line in the daily time frame.
- Resistance @1.94 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.44
Mansfield-6.71
10 Day High1.99
10 Day Low1.62
20 Day High2.15
20 Day Low1.5
52 Week High13.78
52 Week Low1.5
Performance
1 Week-12.89%
2 Weeks2.42%
1 Month-19.14%
3 Month-30.17%
6 Month-57.75%
12 Month-84.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)40.86
LBB1.53
UBB1.92
1.69
-0.05 (-2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-2.87%
1 Week-12.89%
2 Weeks2.42%
1 Month-19.14%
3 Month-30.17%
6 Month-57.75%
12 Month-84.51%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%8.08%
ATR Inc-11.75%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.44
Mansfield-6.71
10 Day High1.99
10 Day Low1.62
20 Day High2.15
20 Day Low1.5
52 Week High13.78
52 Week Low1.5
CS1 EndN/A
CR1 Start1.77
Volume & EV
DER(3)-11.29%
DER(5)-12.96%
Volume199.70K
Volume Incr-59.97%
Vol(5)172.64K
Vol(50)272.72K