Follow Flash Finance FollowTelegram
17tech score
/ 100

CMR Green Technologies Limited (CMRGREEN) — Technical Setup

₹198.30 +0.19%   Weak Downtrend Volatility Expansion Strong bearish

As of 2026-11-02 close Sector: Metal Aluminum All technical setups →

Summary

CMR Green Technologies Limited is in a weak downtrend on the daily chart. RSI(14) is 32.8, MACD is below its signal line, ADX reads 23. Volume in the latest session was 0.3× its 20-day average. Over three months it has underperformed the Nifty 50 by 4.6 percentage points. Nearest support is ₹191.35 and resistance ₹205.25. Its technical score is 17/100 (strong bearish).

Trend (daily)
Bearish
Trend (weekly)
—
Trend (monthly)
—
RSI (14)
32.78
MACD
Bearish
ADX (14)
22.58
Volume vs 20d avg
0.32×
Support
₹191.35 (−3.5%)
Resistance
₹205.25 (+3.5%)
RS vs Nifty (3M)
-4.62%
RS rating
—

🧮 How the 17/100 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.

Trend0/20
  • Close above 20-day EMA (-4.74)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) (22.58)0/3
  • Weekly trend up (above a rising 30-week average)0/2
Momentum2/20
  • RSI(14) in the bullish zone (55-70 best) (32.78)0/6
  • MACD line above its signal line0/4
  • MACD line above zero (-6.41)0/3
  • 12-day rate of change positive (-8.44)0/3
  • Stochastic %K above %D2/2
  • Outperforming the Nifty 50 over 3 months (-4.62)0/2
Volume0/20
  • On-balance volume rising over 20 sessions0/5
  • Chaikin Money Flow (20) positive (-0.31)0/5
  • More volume on up days than down days (20 sessions) (0.40)0/5
  • Close above 20-day VWAP (-6.37)0/5
Volatility9/20
  • Daily range (ATR%) contained — ≤2.5% scores full (3.35)4/6
  • Price in the upper half of its Bollinger Bands (0.19)0/5
  • Shallow drawdown from the 52-week high (-26.27)1/5
  • Volatility contracting (20-day volatility below its 6-month median) (40.50)4/4
Support / Resistance6/20
  • Room to the next resistance (≥8% scores full) (3.50)1/5
  • Support close below (a tight, definable stop) (3.50)5/5
  • Broke above a 20-day high in the last 5 sessions0/5
  • Within 5% of the 52-week high (-26.27)0/5

🧭 Regime: Weak Downtrend

Volatility Expansion — Bollinger width is in the 91th percentile of the last six months.

Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.

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 SuperTrend (10,3) rules for CMRGREEN — supertrend (10,3) flips to an uptrend.

🕰️ Multi-timeframe

TimeframeTrendRSI (14)MACD hist.
Monthly———
Weekly———
Daily▼ Bearish32.78-1.47

Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.

📶 Volume & VWAP

Relative volume
0.32×
5d / 20d volume
0.33×
Volume ROC (10d)
+41.49%
Up/down volume
0.40×
OBV (20d)
Falling / flat
Chaikin MF (20)
-0.31
VWAP 20d
₹211.78 (-6.37%)
VWAP 50d
₹220.64 (-10.13%)
Anchored VWAP · 52W low
₹198.03 (+0.14%)
Anchored VWAP · 52W high
₹240.92 (-17.69%)
Anchored VWAP · YTD
₹240.92 (-17.69%)
Avg turnover (20d)
₹6.08 Cr

VWAPs are computed from daily bars (typical price × volume), not intraday ticks. Volume has dried up to under 60% of normal.

💪 Relative strength

vs Nifty 1M
-15.43%
vs Nifty 3M
-4.62%
vs Nifty 6M
—
vs Nifty 1Y
—
RS rating
—
Mansfield RS
—
vs Metal index 3M
-4.12%
vs sector peers 3M
-2.02%

CMRGREEN ÷ 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.

LevelPriceDistanceTouches
Resistance₹235.90+19.0%4
Resistance₹219.69+10.8%2
Resistance₹210.71+6.3%2
Resistance₹205.25+3.5%1
Close₹198.30—
Support₹191.35−3.5%1

52-week range: ₹191.35 – ₹268.96 (-26.27% from the high).

🌀 Fibonacci

Measuring the down-swing from ₹268.96 (2026-06-10) to ₹191.35 (2026-10-26). Price has retraced 9.0% of it.

RatioPriceDistance
23.6% retracement₹209.67+5.7%S/R confluence nearest
38.2% retracement₹221.00+11.4%S/R confluence
50.0% retracement₹230.15+16.1%
61.8% retracement₹239.31+20.7%
78.6% retracement₹252.35+27.3%
127.2% extension₹170.24-14.2%
161.8% extension₹143.39-27.7%
200.0% extension₹113.74-42.6%

🕯️ Candlesticks (last 5 sessions)

  • Doji 2026-10-29 neutral Weak · 20

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.

🏭 Metal peers by technical score
Stock Close Chg Score Trend regimeRS rating (1-99)
RATNAVEERRatnaveer Precision Engineering Limited ₹379.20 +5.26% 87 Strong Uptrend 98.00
SHYAMMETLShyam Metalics and Energy Limited ₹1,191.00 +2.42% 87 Strong Uptrend 89.00
SGMARTSG Mart Limited ₹878.90 +2.63% 85 Strong Uptrend 97.00
IMPEXFERROImpex Ferro Tech Limited ₹5.89 -2.00% 78 Strong Uptrend 99.00
MAHASTEELMahamaya Steel Industries Limited ₹1,452.20 +4.88% 77 Strong Uptrend 96.00
MANAKCOATManaksia Coated Metals & Industries Limited ₹148.17 +5.68% 76 Uptrend 81.00
STEELCASSteelcast Limited ₹364.40 +4.70% 73 Uptrend 92.00
JSWSTEELJSW Steel Limited ₹1,309.90 +5.13% 70 Range 74.00
NELCASTNelcast Limited ₹143.65 +8.42% 70 Strong Uptrend 84.00
RKFORGERamkrishna Forgings Limited ₹696.10 +7.61% 69 Range 82.00
🔗 More on CMRGREEN

⚠️ 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.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI