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Indian Wood Prod (IWP) — Technical Setup
₹36.63 -2.09% Uptrend Normal Volatility Neutral
Summary
Indian Wood Prod is in a uptrend on the daily chart. RSI(14) is 56.9, MACD is above its signal line, ADX reads 21. Volume in the latest session was 0.6× its 20-day average. Over three months it has outperformed the Nifty 50 by 5.5 percentage points. Nearest support is ₹33.20 and resistance ₹39.15. Its technical score is 53/100 (neutral).
🧮 How the 53/100 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 (4.17)3/3
- 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) (20.65)3/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (56.94)6/6
- MACD line above its signal line4/4
- MACD line above zero (0.13)3/3
- 12-day rate of change positive (8.08)3/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (5.51)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.13)0/5
- More volume on up days than down days (20 sessions) (0.81)0/5
- Close above 20-day VWAP (4.69)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.68)2/6
- Price in the upper half of its Bollinger Bands (0.92)5/5
- Shallow drawdown from the 52-week high (-13.61)3/5
- Volatility contracting (20-day volatility below its 6-month median) (81.00)0/4
- Room to the next resistance (≥8% scores full) (6.88)3/5
- Support close below (a tight, definable stop) (9.35)1/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-13.61)2/5
🧭 Regime: Uptrend
Normal Volatility — Bollinger width is in the 80th percentile of the last six months.
Suits: Trend-following, selectively. The trend is up but not forceful — favour entries near support and keep stops below the 50-day EMA.
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 20/50 EMA Crossover rules for IWP — 20-day ema crosses above the 50-day ema.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▲ Bullish | 56.94 | 0.32 |
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.
💪 Relative strength
IWP ÷ 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 | ₹42.40 | +15.8% | 1 |
| Resistance | ₹39.15 | +6.9% | 1 |
| Close | ₹36.63 | — | |
| Support | ₹33.20 | −9.3% | 16 |
52-week range: ₹28.00 – ₹42.40 (-13.61% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹31.30 (2026-07-24) to ₹42.40 (2026-09-29). Price has retraced 52.0% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹39.78 | +8.6% | |
| 38.2% retracement | ₹38.16 | +4.2% | |
| 50.0% retracement | ₹36.85 | +0.6% | nearest |
| 61.8% retracement | ₹35.54 | -3.0% | |
| 78.6% retracement | ₹33.68 | -8.1% | |
| 127.2% extension | ₹45.42 | +24.0% | |
| 161.8% extension | ₹49.26 | +34.5% | |
| 200.0% extension | ₹53.50 | +46.1% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-12-02 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-11-05 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.
✅ Screens IWP 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.
