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Artemis Electricals and Projects Limited (AEPL) — Technical Setup
₹15.92 +0.89% Range Volatility Expansion Neutral
Summary
Artemis Electricals and Projects Limited is in a range on the daily chart. RSI(14) is 48.6, MACD is below its signal line, ADX reads 22. Volume in the latest session was 0.1× its 20-day average. Over three months it has underperformed the Nifty 50 by 0.3 percentage points. Nearest support is ₹15.67 and resistance ₹17.42. Its technical score is 42/100 (neutral).
🧮 How the 42/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-1.65)0/3
- 20-day EMA above 50-day EMA3/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up3/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (22.24)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (48.60)2/6
- MACD line above its signal line0/4
- MACD line above zero (0.26)3/3
- 12-day rate of change positive (5.50)3/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (-0.26)0/2
- On-balance volume rising over 20 sessions5/5
- Chaikin Money Flow (20) positive (-0.28)0/5
- More volume on up days than down days (20 sessions) (1.92)5/5
- Close above 20-day VWAP (0.32)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (8.03)0/6
- Price in the upper half of its Bollinger Bands (0.47)2/5
- Shallow drawdown from the 52-week high (-21.38)1/5
- Volatility contracting (20-day volatility below its 6-month median) (71.80)0/4
- Room to the next resistance (≥8% scores full) (9.42)5/5
- Support close below (a tight, definable stop) (1.60)5/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-21.38)0/5
🧭 Regime: Range
Volatility Expansion — Bollinger width is in the 84th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the Bollinger Band Reversion rules for AEPL — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ◆ Neutral | 48.60 | -0.10 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.
💪 Relative strength
AEPL ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹20.25 | +27.2% | 1 |
| Resistance | ₹17.42 | +9.4% | 3 |
| Close | ₹15.92 | — | |
| Support | ₹15.67 | −1.6% | 4 |
| Support | ₹14.27 | −10.3% | 2 |
| Support | ₹13.28 | −16.6% | 2 |
52-week range: ₹13.25 – ₹20.25 (-21.38% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹13.25 (2026-03-30) to ₹20.25 (2026-04-10). Price has retraced 61.9% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹18.60 | +16.8% | |
| 38.2% retracement | ₹17.58 | +10.4% | S/R confluence |
| 50.0% retracement | ₹16.75 | +5.2% | |
| 61.8% retracement | ₹15.92 | +0.0% | nearest |
| 78.6% retracement | ₹14.75 | -7.4% | |
| 127.2% extension | ₹22.15 | +39.2% | |
| 161.8% extension | ₹24.58 | +54.4% | |
| 200.0% extension | ₹27.25 | +71.2% |
🕯️ Candlesticks (last 5 sessions)
- Inverted Hammer 2026-09-18 bullish Moderate · 60
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens AEPL passes today
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
