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Stock Trend Analysis Report
Prepared for you on Sunday, June 4, 2023.
Azure Power Global Limited Equity Shares (NYSE:AZRE)
Long-Term Downtrend (-90) - AZRE is in a strong downtrend that is likely to continue. While AZRE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for AZRE
The long-term trend has been DOWN since Mar 4th, 2021 at 28.52
The intermediate-term trend has been DOWN since May 2nd, 2023 at 2.13
The short-term trend has been DOWN since Jun 1st, 2023 at 2.29
Smart Scan Analysis for AZRE
Based on our trend formula, AZRE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.300 | 2.359 | 2.260 | 2.290 | +0.010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.270 | 113678 | 2023-06-02 15:59:58 |
| Year High | 18.1 | Year High Date | 2018-01-09 |
| Year Low | 9.29 | Year Low Date | 2018-11-28 |
| 52wk High | 16.2 | 52wk High Date | 2022-06-06 |
| 52wk Low | 1.62 | 52wk Low Date | 2023-03-21 |
| Average Volume | 156,674 | Shares Outstanding | 41,040 |
| Market Cap | 456M | Assets | 166,106,000M |
| Liabilities | 142,536,000M | Volatility | 52.46 |