NETWEB is trading at โน4,216.00, reflecting a 3.79% increase from the previous close.
๐ 1-Hour Technical Analysis (as of 10:43 AM IST)
Based on intraday data, here are the key technical indicators for NETWEB on the 1-hour timeframe:
Relative Strength Index (RSI): 81.37 โ indicates the stock is in the overbought zone, suggesting potential for a short-term pullback.
Moving Average Convergence Divergence (MACD): 395.90 โ confirms a strong bullish momentum.
Average Directional Index (ADX): 60.55 โ suggests a strong trend in the market.
Stochastic Oscillator: 89.93 โ indicates the stock is in the overbought zone.
Super Trend: โน3,386.37 โ supports the current upward movement .
Williams %R: -4.50 โ suggests the stock is in the overbought zone.
๐ Support & Resistance Levels
According to pivot point analysis, the key support and resistance levels for NETWEB are:
Support Levels: โน4,021.26 (S1), โน4,088.63 (S2), โน4,153.76 (S3).
Resistance Levels: โน4,221.13 (R1), โน4,286.26 (R2), โน4,353.63 (R3).
The current price of โน4,216.00 is near the R1 resistance level, indicating potential for a breakout if the price surpasses this level.
๐ Trend Analysis
The stock is exhibiting strong bullish indicators across multiple timeframes, including the 1-hour chart. The RSI, MACD, and ADX all suggest a continuation of the upward trend. However, the overbought conditions indicated by the RSI, Stochastic Oscillator, and Williams %R suggest that traders should be cautious of potential short-term pullbacks.
๐ 1-Hour Technical Analysis (as of 10:43 AM IST)
Based on intraday data, here are the key technical indicators for NETWEB on the 1-hour timeframe:
Relative Strength Index (RSI): 81.37 โ indicates the stock is in the overbought zone, suggesting potential for a short-term pullback.
Moving Average Convergence Divergence (MACD): 395.90 โ confirms a strong bullish momentum.
Average Directional Index (ADX): 60.55 โ suggests a strong trend in the market.
Stochastic Oscillator: 89.93 โ indicates the stock is in the overbought zone.
Super Trend: โน3,386.37 โ supports the current upward movement .
Williams %R: -4.50 โ suggests the stock is in the overbought zone.
๐ Support & Resistance Levels
According to pivot point analysis, the key support and resistance levels for NETWEB are:
Support Levels: โน4,021.26 (S1), โน4,088.63 (S2), โน4,153.76 (S3).
Resistance Levels: โน4,221.13 (R1), โน4,286.26 (R2), โน4,353.63 (R3).
The current price of โน4,216.00 is near the R1 resistance level, indicating potential for a breakout if the price surpasses this level.
๐ Trend Analysis
The stock is exhibiting strong bullish indicators across multiple timeframes, including the 1-hour chart. The RSI, MACD, and ADX all suggest a continuation of the upward trend. However, the overbought conditions indicated by the RSI, Stochastic Oscillator, and Williams %R suggest that traders should be cautious of potential short-term pullbacks.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
I built a Buy & Sell Signal Indicator with 85% accuracy.
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
๐ Get access via DM or
WhatsApp: wa.link/d997q0
| Email: techncialexpress@gmail.com
| Script Coder | Trader | Investor | From India
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.