Long Term Trend: Weak
AI Indicator Strength: 40.0%
StockTECHM
Current Price₹1409.60
Short Term Trend
Strong Downward
Trend: Weak
¼ Long Term Trend Structure
- Price below EMA20, EMA50, EMA200
- Momentum aligned with structure
RSI: Neutral-Bullish
📊 Momentum (RSI)
- RSI: 42.56
- Mild positive bias
MACD: Strong Bearish
¼ MACD Observation
- Strong negative MACD crossover
- Trend confirms structural bias
Overall: Mixed
📊 Overall Technical View
- Momentum → Neutral-Bullish
- Trend → Weak
📊 TECHM Stock Strength & Risk Analysis
✅ Positive Factors
- Midline RSI (42.56) provides ample room for an upside move.
❌ Risk Factors
- Long-term trend alignment is structurally bearish.
- Downward structural bias is currently active.
📌 Market Outlook
Caution is advised as technicals remain firmly embedded in a downtrend.
🎯 Technical Indicators: Support & Resistance
🟢 Support Zones
₹1327.30
₹1314.03
₹1300.75
🔴 Resistance Zones
₹1589.00
₹1604.89
₹1620.78
TECHM Price Action: Immediate buying interest for TECHM has historically emerged around the ₹1327.3 mark. If the stock faces selling pressure, this zone acts as the first line of defense. Conversely, the primary hurdle for an upward rally is positioned at ₹1589.00. Breaking past this resistance could signal a fresh leg of bullish momentum.
📊 Fibonacci Retracement
| Level | Value |
|---|
| 23.6% | 1156.77 |
| 38.2% | 1290.01 |
| 50.0% | 1397.70 |
| 61.8% | 1505.39 |
| 78.6% | 1658.70 |
Structural Pullbacks: Looking at the Fibonacci retracement map for TECHM, the 38.2% level at ₹1290.01 acts as a critical juncture. Price interactions around these zones frequently dictate the stock's short-term trajectory, helping identify where TECHM might reverse or accelerate.
📈 Moving Averages
| EMA | Value | SMA | Value |
|---|
| EMA5 | 1437.65 | SMA5 | 1438.42 |
| EMA9 | 1447.68 | SMA9 | 1449.90 |
| EMA20 | 1455.33 | SMA20 | 1468.23 |
| EMA50 | 1454.48 | SMA50 | 1452.88 |
| EMA100 | 1466.53 | SMA100 | 1467.85 |
| EMA200 | 1487.63 | SMA200 | 1491.25 |
📊 AI Scorecard (How Confidence is Calculated)
• RSI Neutral-Bullish: +1 🟢
🟢
• Price < EMA20 (Short-term Bearish): -1 🔴
🔴
• EMA20 > EMA50 (Medium Uptrend): +1 🟢
🟢
• Price < EMA200 (Long-term Bearish): -1 🔴
🔴
• MACD Strong Bearish: -2 🔴
🔴
• Total Score: -2
🔴
• Confidence Score: 40.00%
🔴
Total Score: -2
Technical Indicator Strength: 40.0%
- Weak alignment in behavior
- AI Confidence Score: 40.0%
👉 Market appears weak-to-sideways with mild downside pressure
📊 MACD Backtested Signals (Historical)
| Date |
Signal |
Close |
T+1 Open |
T+1 High |
T+1 Low |
T+1 Change |
T+5 High |
T+5 Low |
T+5 Change |
Strength |
Confidence |
Strategy |
| 2026-06-11 |
Bearish |
1465.1 |
1477.0 |
1478.6 |
1425.0 |
3.52% |
0.11 |
1478.6 |
1422.9% |
2.88 |
0.92 |
75.36 63.90 Success |
| 2026-05-25 |
Bullish |
1435.5 |
1433.6 |
1465.8 |
1429.9 |
2.25% |
0.26 |
1589.0 |
1429.9% |
10.69 |
0.39 |
98.34 95.00 Success |
| 2026-05-12 |
Bearish |
1392.9 |
1392.9 |
1399.9 |
1371.6 |
1.53% |
0.50 |
1506.8 |
1327.3% |
4.71 |
8.18 |
100.00 85.18 Success |
| 2026-05-01 |
Bullish |
1473.5 |
1484.0 |
1492.4 |
1455.2 |
0.57% |
1.94 |
1492.4 |
1444.0% |
1.28 |
2.00 |
42.37 34.35 Success |
| 2026-04-24 |
Bearish |
1358.5 |
1362.9 |
1400.5 |
1360.2 |
0.20% |
2.76 |
1482.0 |
1360.2% |
-0.13 |
9.09 |
100.00 72.60 Success |
| 2026-03-12 |
Bullish |
1349.8 |
1342.5 |
1342.5 |
1319.8 |
0.00% |
1.69 |
1404.7 |
1315.9% |
4.07 |
2.51 |
100.00 72.23 No Trade |
| 2026-02-04 |
Bearish |
1645.3 |
1630.1 |
1659.1 |
1630.0 |
0.01% |
1.78 |
1659.1 |
1600.0% |
2.75 |
0.84 |
100.00 58.68 Success |
| 2026-01-19 |
Bullish |
1718.3 |
1715.0 |
1716.7 |
1675.0 |
0.10% |
2.33 |
1749.0 |
1660.1% |
1.79 |
3.39 |
100.00 63.96 Success |
| 2025-12-30 |
Bearish |
1604.6 |
1614.8 |
1614.8 |
1588.3 |
1.64% |
0.00 |
1625.4 |
1576.1% |
1.78 |
1.30 |
100.00 61.55 Success |
| 2025-11-12 |
Bullish |
1456.1 |
1463.0 |
1463.8 |
1442.3 |
0.05% |
1.41 |
1463.8 |
1417.8% |
0.53 |
2.63 |
41.28 30.27 Success |
| 2025-10-31 |
Bearish |
1424.4 |
1419.1 |
1424.0 |
1414.0 |
0.36% |
0.35 |
1425.3 |
1383.6% |
2.86 |
0.06 |
46.46 36.19 Success |
| 2025-10-09 |
Bullish |
1466.6 |
1477.0 |
1477.7 |
1450.1 |
0.05% |
1.82 |
1479.8 |
1439.2% |
0.90 |
1.87 |
100.00 52.67 Success |
| 2025-09-23 |
Bearish |
1471.9 |
1470.0 |
1470.0 |
1439.0 |
2.11% |
0.00 |
1470.0 |
1391.9% |
5.44 |
-0.13 |
58.65 61.90 Success |
| 2025-09-09 |
Bullish |
1498.2 |
1503.0 |
1536.0 |
1501.8 |
2.20% |
0.08 |
1536.0 |
1501.8% |
2.52 |
-0.24 |
58.69 45.06 Success |
| 2025-09-08 |
Bearish |
1460.7 |
1466.6 |
1500.0 |
1465.7 |
0.06% |
2.28 |
1536.0 |
1465.7% |
-0.34 |
5.16 |
40.22 34.54 Success |
| 2025-08-07 |
Bullish |
1482.0 |
1473.8 |
1496.0 |
1473.8 |
1.51% |
0.00 |
1529.9 |
1469.7% |
3.23 |
0.83 |
23.78 36.44 Success |
| 2025-06-27 |
Bearish |
1674.4 |
1680.6 |
1689.5 |
1660.0 |
1.23% |
0.53 |
1699.0 |
1640.5% |
2.02 |
1.47 |
100.00 61.95 Success |
| 2025-06-12 |
Bullish |
1644.4 |
1605.0 |
1669.0 |
1604.6 |
3.99% |
0.02 |
1732.8 |
1604.6% |
5.38 |
2.42 |
100.00 94.75 Success |
| 2025-05-27 |
Bearish |
1592.4 |
1600.8 |
1602.0 |
1578.1 |
1.42% |
0.07 |
1604.9 |
1533.9% |
3.67 |
0.78 |
49.15 48.92 Success |
| 2025-04-21 |
Bullish |
1373.5 |
1374.0 |
1396.0 |
1361.2 |
1.60% |
0.93 |
1480.0 |
1361.2% |
7.75 |
0.90 |
100.00 90.02 Success |
Interpreting Historical MACD Data: The table above presents backtested historical performance of MACD crossover signals for TECHM. By analyzing past T+1 to T+5 day price movements following a MACD buy or sell signal, traders can gauge the historical reliability and expected volatility of the current signal.