Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Azure Power Global Limited Equity Shares (NYSE:AZRE)
Bull Market Weakness (+75) - AZRE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AZRE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AZRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for AZRE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AZRE
The long-term trend has been DOWN since Mar 4th, 2021 at 28.520
The intermediate-term trend has been UP since Oct 19th, 2021 at 23.389
The short-term trend has been UP since Oct 19th, 2021 at 23.300
Smart Scan Analysis for AZRE
Based on our trend formula, AZRE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||18.1||Year High Date||2018-01-09|
|Year Low||9.29||Year Low Date||2018-11-28|
|52wk High||53.5999||52wk High Date||2021-01-06|
|52wk Low||18.19||52wk Low Date||2021-08-20|
|Average Volume||250,662||Shares Outstanding||41,040|