RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of IEX.NS
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Green day on Thursday for Indian Energy Exchange Limited
(Updated on Mar 28, 2024)

Sell candidate since Mar 11, 2024 Loss -6.44% PDF

The Indian Energy Exchange Limited stock price gained 0.599% on the last trading day (Thursday, 28th Mar 2024), rising from ₹133.55 to ₹134.35. During the last trading day the stock fluctuated 1.16% from a day low at ₹134.00 to a day high of ₹135.55. The price has fallen in 7 of the last 10 days but is still up by 0.94% over the past 2 weeks. Volume fell on the last day by -2 million shares and in total, 7 million shares were bought and sold for approximately ₹982.27 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -14.87% during the next 3 months and, with a 90% probability hold a price between ₹100.71 and ₹125.07 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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IEX.NS Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 13, 2024, and so far it has risen 0.94%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Indian Energy Exchange Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at ₹134.57 and ₹141.97. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Indian Energy Exchange Limited stock

Indian Energy Exchange Limited finds support from accumulated volume at ₹134.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹1.55 between high and low, or 1.16%. For the last week, the stock has had daily average volatility of 1.72%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (IEX.NS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Indian Energy Exchange Limited to open at ₹134.63, and during the day (based on 14 day Average True Range), to move between ₹130.04 and ₹138.66, which gives a possible trading interval of +/-₹4.31 (+/-3.21%) up or down from last closing price. If Indian Energy Exchange Limited takes out the full calculated possible swing range there will be an estimated 6.42% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at ₹134.05 (0.22%) than the resistance at ₹137.20 (2.12%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Indian Energy Exchange Limited stock A Buy?

Indian Energy Exchange Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

Current score: -1.673 Sell Candidate Unchanged

Predicted Opening Price for Indian Energy Exchange Limited of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
₹134.63 ( 0.211%) ₹134.35

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for IEX.NS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 136.18 1.36 %
R2 135.59 0.92 %
R1 135.23 0.652 %
Current price: 134.35
Support S1 134.04 -0.230 %
S2 133.68 -0.502 %
S3 133.08 -0.94 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 147.25 9.60 %
R2 145.10 8.00 %
R1 137.20 2.12 %
Current price 134.35
Support S1 134.05 -0.223%
S2 133.55 -0.595%
S3 133.10 -0.93%

IEX Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Feb 02, 2024 Feb 02, 2024 Feb 24, 2024 ₹1.00 0.680%
2 Jul 28, 2023 Jul 28, 2023 Jul 28, 2023 ₹1.00 0.82%
3 Jul 27, 2023 Jul 27, 2023 Jul 27, 2023 ₹1.00 0.83%
4 Aug 11, 2022 Aug 11, 2022 Aug 11, 2022 ₹1.00 0.611%
5 Feb 03, 2022 Feb 03, 2022 Feb 03, 2022 ₹1.00 0.424%

FAQ

What is the symbol for Indian Energy Exchange Limited Stock and on which exchange is it traded?
The symbol for Indian Energy Exchange Limited is IEX.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell Indian Energy Exchange Limited Stock?
Indian Energy Exchange Limited holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock.

How to buy Indian Energy Exchange Limited Stock?
Indian Energy Exchange Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Indian Energy Exchange Limited Stock.

What's the current price of Indian Energy Exchange Limited Stock?
As of the end of day on the 2024-03-28, the price of an Indian Energy Exchange Limited (IEX.NS) share was ₹134.35.

What is the 52-week high and low for Indian Energy Exchange Limited Stock?
The 52-week high for Indian Energy Exchange Limited Stock is ₹173.35 and the 52-week low is ₹116.00.

What is the market capitalization of Indian Energy Exchange Limited Stock?
As of the 2024-03-28, the market capitalization of Indian Energy Exchange Limited is 119.468B.

When is the next earnings date for Indian Energy Exchange Limited?
The upcoming earnings date for Indian Energy Exchange Limited is May 23, 2024.
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About Indian Energy Exchange Limited

Indian Energy Exchange Limited Indian Energy Exchange Limited operates a power trading platform. The company enables price discovery and risk management for participants of the electricity market, including industries eligible for open access. Its products include Day-Ahead-Market, a physical electricity trading market for deliveries for any/some/all 15 minute time blocks in 24 hours of next day starting from midnight; Term-Ahead-Market that provides a range of products allowi... IEX.NS Profile

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