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Pradeep Metals (PRADPME) — Technical Setup
₹628.30 +1.33% Uptrend Volatility Expansion Neutral
Summary
Pradeep Metals is in a uptrend on the daily chart. RSI(14) is 56.8, MACD is below its signal line, ADX reads 25. Volume in the latest session was 0.1× its 20-day average. Over three months it has outperformed the Nifty 50 by 26.7 percentage points. Nearest support is ₹596.00 and resistance ₹725.45. Its technical score is 56/100 (neutral).
🧮 How the 56/100 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 (3.98)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) (24.57)3/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (56.75)6/6
- MACD line above its signal line0/4
- MACD line above zero (26.46)3/3
- 12-day rate of change positive (-10.52)0/3
- Stochastic %K above %D0/2
- Outperforming the Nifty 50 over 3 months (26.69)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (0.08)5/5
- More volume on up days than down days (20 sessions) (3.25)5/5
- Close above 20-day VWAP (1.55)5/5
- Daily range (ATR%) contained — ≤2.5% scores full (7.21)0/6
- Price in the upper half of its Bollinger Bands (0.55)5/5
- Shallow drawdown from the 52-week high (-13.39)3/5
- Volatility contracting (20-day volatility below its 6-month median) (93.00)0/4
- Room to the next resistance (≥8% scores full) (15.46)5/5
- Support close below (a tight, definable stop) (5.14)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-13.39)2/5
🧭 Regime: Uptrend
Volatility Expansion — Bollinger width is in the 84th 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 PRADPME — 20-day ema crosses above the 50-day ema.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▲ Bullish | 56.75 | -3.36 |
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
PRADPME ÷ 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 | ₹725.45 | +15.5% | 1 |
| Close | ₹628.30 | — | |
| Support | ₹596.00 | −5.1% | 1 |
| Support | ₹523.75 | −16.6% | 9 |
| Support | ₹420.55 | −33.1% | 5 |
| Support | ₹363.80 | −42.1% | 2 |
52-week range: ₹357.05 – ₹725.45 (-13.39% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹366.05 (2026-05-12) to ₹725.45 (2026-10-14). Price has retraced 27.0% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹640.63 | +2.0% | nearest |
| 38.2% retracement | ₹588.16 | -6.4% | |
| 50.0% retracement | ₹545.75 | -13.1% | |
| 61.8% retracement | ₹503.34 | -19.9% | |
| 78.6% retracement | ₹442.96 | -29.5% | |
| 127.2% extension | ₹823.21 | +31.0% | |
| 161.8% extension | ₹947.56 | +50.8% | |
| 200.0% extension | ₹1,084.85 | +72.7% |
🕯️ Candlesticks (last 5 sessions)
- Bearish Marubozu 2026-10-30 bearish Moderate · 50
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 PRADPME passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| BOSCHLTDBosch Limited | ₹48,100.00 | +1.91% | 92 | Uptrend | 86.00 |
| ATHERENERGAther Energy Limited | ₹1,774.60 | +1.06% | 88 | Uptrend | 97.00 |
| SONACOMSSona BLW Precision Forgings Limited | ₹905.95 | +1.73% | 88 | Uptrend | 94.00 |
| TVSMOTORTVS Motor Company Limited | ₹4,213.00 | +0.42% | 85 | Uptrend | 77.00 |
| LUMAXTECHLumax Auto Technologies Limited | ₹2,014.40 | -0.41% | 78 | Uptrend | 91.00 |
| SSWLSteel Strips Wheels Limited | ₹486.95 | -1.36% | 74 | Strong Uptrend | 98.00 |
| GABRIELGabriel India Limited | ₹1,443.80 | +1.32% | 73 | Uptrend | 85.00 |
| HBLENGINEHBL Engineering Limited | ₹818.10 | +2.35% | 69 | Uptrend | 72.00 |
| MENONBEMenon Bearings Limited | ₹311.10 | +12.64% | 68 | Uptrend | 98.00 |
| MSUMIMotherson Sumi Wiring India Limited | ₹38.78 | +10.36% | 66 | Range | 52.00 |
⚠️ 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.
