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Clean Max Enviro Energy Solutions Limited (CLEANMAX) — Technical Setup
₹1,252.50 +0.80% Range Normal Volatility Bearish
Summary
Clean Max Enviro Energy Solutions Limited is in a range on the daily chart. RSI(14) is 47.0, MACD is above its signal line, ADX reads 15 (weak trend). Volume in the latest session was 0.2× its 20-day average. Over three months it has underperformed the Nifty 50 by 2.4 percentage points. Nearest support is ₹1,157.25 and resistance ₹1,362.00. Its technical score is 28/100 (bearish).
🧮 How the 28/100 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 (-0.79)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (15.33)1/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (47.04)2/6
- MACD line above its signal line4/4
- MACD line above zero (-24.81)0/3
- 12-day rate of change positive (-3.55)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-2.36)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.04)0/5
- More volume on up days than down days (20 sessions) (0.66)0/5
- Close above 20-day VWAP (-1.68)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (4.41)2/6
- Price in the upper half of its Bollinger Bands (0.43)2/5
- Shallow drawdown from the 52-week high (-18.46)3/5
- Volatility contracting (20-day volatility below its 6-month median) (20.00)4/4
- Room to the next resistance (≥8% scores full) (8.74)5/5
- Support close below (a tight, definable stop) (7.60)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-18.46)0/5
🧭 Regime: Range
Normal Volatility — Bollinger width is in the 41th 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 CLEANMAX — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | ◆ Neutral | 51.68 | -25.31 |
| Daily | ▼ Bearish | 47.04 | 1.31 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: Bearish, weekly ADX 35.64.
📶 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
CLEANMAX ÷ 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 | ₹1,536.00 | +22.6% | 1 |
| Resistance | ₹1,442.00 | +15.1% | 5 |
| Resistance | ₹1,362.00 | +8.7% | 1 |
| Close | ₹1,252.50 | — | |
| Support | ₹1,157.25 | −7.6% | 2 |
| Support | ₹1,060.30 | −15.3% | 1 |
| Support | ₹939.60 | −25.0% | 1 |
| Support | ₹727.10 | −42.0% | 1 |
52-week range: ₹727.10 – ₹1,536.00 (-18.46% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹1,060.30 (2026-05-27) to ₹1,536.00 (2026-06-24). Price has retraced 59.6% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹1,423.73 | +13.7% | |
| 38.2% retracement | ₹1,354.28 | +8.1% | S/R confluence |
| 50.0% retracement | ₹1,298.15 | +3.6% | |
| 61.8% retracement | ₹1,242.02 | -0.8% | nearest |
| 78.6% retracement | ₹1,162.10 | -7.2% | S/R confluence |
| 127.2% extension | ₹1,665.39 | +33.0% | |
| 161.8% extension | ₹1,829.98 | +46.1% | |
| 200.0% extension | ₹2,011.70 | +60.6% |
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-11-02 neutral Weak · 20
- Morning Star 2026-10-27 bullish Strong · 80
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
- MFI(14) bullish 2026-09-28 → 2026-10-26₹1,287.90 → ₹1,143.50
✅ Screens CLEANMAX passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| NHPCNHPC Limited | ₹78.78 | +1.34% | 81 | Range | 63.00 |
| POWERGRIDPower Grid Corporation of India Limited | ₹267.70 | +1.02% | 69 | Range | 55.00 |
| JSWENERGYJSW Energy Limited | ₹505.50 | +1.03% | 67 | Range | 57.00 |
| NTPCNTPC Limited | ₹323.00 | +2.13% | 62 | Range | 50.00 |
| ADANIGREENAdani Green Energy Limited | ₹1,337.00 | +2.95% | 60 | Range | 83.00 |
| GREENPOWEROrient Green Power Company Limited | ₹9.00 | +0.22% | 59 | Range | 30.00 |
| VEDPOWERVedanta Power Limited | ₹34.53 | +4.23% | 59 | Range | — |
| TATAPOWERTata Power Company Limited | ₹355.90 | +3.14% | 52 | Weak Downtrend | 51.00 |
| SJVNSJVN Limited | ₹56.50 | +5.83% | 49 | Weak Downtrend | 18.00 |
| ADANIPOWERAdani Power Limited | ₹195.35 | +3.36% | 48 | Strong Downtrend | 74.00 |
⚠️ 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.
