Waaree Renewable Technologies Ltd

Stage 4 · Declining · week 13

As of 16 Oct 2026, Waaree Renewable Technologies is in Stage 4 — declining, a downtrend, in week 13 (since 20 Jul 2026). It closed at ₹837, 37.1% below its 52-week high and below its 200-day average, which is falling. In Utilities, 9.7% of stocks are in Stage 2.

Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. More about the company

₹837.1
+3.81% today
₹8,738 Cr · Mid cap
Market Neutral — FadingUtilities 9.7% in Stage 2-4.8 pts / 20dRenewable Energy 4.8%0.0 pts

Pro read

Pro

Our read

Declining — below its long-term trend

Setup score

—

Momentum

Steady

Edge

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Is WAAREERTL early, or has it already run? Pro answers that for every NSE stock, after every close.

₹2,999 · 12 months₹1,999 · 6 months
Loading price chart…
vs 52W High
-37.1%
₹782.3 lo₹1,330.5 hi
37.1% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 13
1w13w26w
Week 13 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-8.7%
200 DMA: ₹917.3 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
2.71x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -1.3% vs MA50 -6.4%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
+4.5%
3M
-16.2%
6M
-21.1%
YTD
-13.6%
1Y
-19.6%
Sector
Utilities
↓ Peaking
Stage 2%
9.7%
20d Δ
-4.8pp
1M return
-2.2%
3M return
-10.5%
Sector Stage-2 % · last 20 days
Sector has 6 Stage 2 leaders. See Utilities Stage 2 →
Industry
Renewable Energy
→ Flat
Stage 2%
4.8%
20d Δ
+0.0pp
1M return
-0.0%
3M return
-10.6%
Industry Stage-2 % · last 20 days
Industry has 1 Stage 2 leader. See Renewable Energy Stage 2 →
Stage Cycle Timeline2025-04-09 → 2026-10-16
S? 42w
S4 12w
S1 9w
S4 13w
2025-04-092026-10-16
S1S2S3S4Setup score (0–10, dashed line at 5)
S? 42w → S4 12w → S1 9w → S2 1w → S1 2w → S4 13w current
Total tracked: 79 weeks across 6 stage runs.
Scan Membership
Breakout Watch
Latest: 2026-06-24
A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding — staying power in the scan says more about the trend than any single appearance.
Recent Stage Timeline
2026-10-16S4
Wk 13 · Vol 2.71x
2026-10-15S4
Wk 13 · Vol 1.48x
2026-10-14S4
Wk 13 · Vol 0.95x
2026-10-13S4
Wk 12 · Vol 0.91x
2026-10-12S4
Wk 12 · Vol 0.63x
2026-10-09S4
Wk 12 · Vol 1.08x
2026-10-08S4
Wk 12 · Vol 1.15x
2026-10-07S4
Wk 12 · Vol 0.74x
2026-10-06S4
Wk 11 · Vol 0.83x
2026-10-05S4
Wk 11 · Vol 0.89x
2026-10-01S4
Wk 11 · Vol 0.89x
2026-09-30S4
Wk 11 · Vol 0.56x
Sector Peers — Stage 2All →
QPOWER
wk 9 · -11.8% from hi
5.8
KPIL
wk 20 · -6.5% from hi
4.8
GIPCL
wk 16 · -18.6% from hi
4.4
UEL
wk 10 · -30.7% from hi
4.4
SKIPPER
wk 19 · -12.9% from hi
3.9
Moving averages & range
50 DMA
₹847.5
200 DMA
₹917.3
52W High
₹1,330.5
52W Low
₹782.3
5D Low
₹803.4
Resistance levels (recent highs)
20d High
₹848
60d High
₹943.4
120d High
₹1,059.4
250d High
₹1,330.5
Next resistance
+1.3%
to 20d High
Ask the Market AI about WAAREERTLAsk →
P/E (TTM)
21.5
Forward —
Earnings Growth (YoY)
+66.7%
Revenue +131.2%
About this companyUtilities· Renewable Energy

Waaree Renewable Technologies Limited engages in the generation of power through renewable energy sources in India. The company offers ground mounted solar; capex model; resco opex; rooftop solar; floating solar; and operations and maintenance solutions. It also provides engineering, procurement, and construction (EPC) services. The company serves the individual, industrial, and commercial sectors. The company was formerly known as Sangam Renewables Limited and changed its name to Waaree Renewable Technologies Limited in July 2021. The company was incorporated in 1999 and is headquartered in Mumbai, India. Waaree Renewable Technologies Limited operates as a subsidiary of Waaree Energies Limited.

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All analytics based on EOD data. Data as of 2026-10-16. Past data patterns are not indicative of future results. This page is a data analytics tool only.