In this article, we will explore the technical indicators of some of the low-performing stocks on the Indian stock market, including ADANIENT, ADANIPORTS, AXISBANK, SHRIRAMFIN, and TRENT.
By looking at these stocks through the lens of key technical factors, we aim to better understand their price movements, trends, and potential future performance.

Analysis for Adani Enterprises - April 25, 2025

Adani Enterprises experienced a decrease in its stock price, closing at 2354.30 from a previous close of 2442.50, marking a -3.61% change. The stock's RSI stands at 50.35, indicating a neutral momentum. With a PE Ratio of 78.37 and a significant market cap, the company remains a major player in the Indian thermal coal sector.

Relationship with Key Moving Averages
Adani Enterprises closed at 2354.30, which is below its 50-day EMA of 2338.11, indicating a bearish short-term trend. The close was also below the 10-day EMA of 2395.84 and the 20-day EMA of 2365.95, suggesting that the stock is under short-term selling pressure. However, it remains above its 200-day EMA of 2561.28, which shows that the long-term trend is still intact.
Moving Averages Trend (MACD)
Adani Enterprises has a MACD value of 36.92 with a signal line at 33.47, indicating a bullish trend as the MACD line is above the signal line. However, since the percentage change in stock price is negative, it is important to monitor if the trend sustains.

RSI Analysis
RSI Analysis for Adani Enterprises: The Relative Strength Index (RSI) for Adani Enterprises is 50.35, which is in the neutral zone. This suggests that the stock is neither overbought nor oversold, indicating that there is no strong momentum in either direction at the moment.

Analysis for Adani Ports - April 25, 2025

Adani Ports Performance: Adani Ports experienced a decline with a closing price of 1193, down from its previous close of 1236.4, reflecting a percentage change of -3.51%. The stock's performance is marked by a volume of 3,628,723 and movements between a low of 1181.2 and a high of 1243.4. Its current indicators include a 50-day EMA of 1171.08 and a PE Ratio of 25.46, situating it within the Industrials sector in the Marine Shipping industry in India.

Relationship with Key Moving Averages
Adani Ports' closing price is below its 50-day EMA of 1171.08 and 200-day EMA of 1219.63, indicating a potential short-term and long-term weakness compared to these averages. However, it is slightly above the 20-day EMA of 1195.56, suggesting some recent buying interest.
Moving Averages Trend (MACD)
Adani Ports MACD analysis shows that the MACD line is above the signal line, with MACD at 22.15 and the signal at 20.45, indicating potential bullish momentum. However, investors should remain cautious due to recent price fluctuations and monitor the underlying trend.

RSI Analysis
Adani Ports' RSI stands at 51.43, indicating a neutral position, as it is close to the midpoint of the scale. It suggests that the stock is neither overbought nor oversold at the moment, which is typical of a stable trend without extreme price movements.

Analysis for Axis Bank - April 25, 2025

Axis Bank performance data indicates that the stock closed at 1166.30, showing a decrease of 3.38% from its previous close of 1207.10. Despite this, the stock's price remains above both its 50-day and 200-day EMAs, suggesting a potentially stable long-term trend. With a current RSI of 60.20, the stock is neither overbought nor oversold, maintaining a position of moderate relative strength. Additionally, Axis Bank, with a market cap of about 3.6 trillion INR, continues to be a significant player within the Indian regional banks industry.

Relationship with Key Moving Averages
Axis Bank is currently trading below its 10 EMA of 1167.35, indicating short-term bearish momentum. However, it is above its 50 EMA of 1089.77 and 200 EMA of 1096.72, suggesting a longer-term bullish trend overall. This shows mixed signals, with potential short-term weakness amid longer-term strength.
Moving Averages Trend (MACD)
Axis Bank's MACD (39.64) is above the MACD Signal line (32.33), indicating a bullish trend. This suggests that the stock may have upward momentum in the short term. However, it's important to consider other indicators and market conditions for a comprehensive analysis.

RSI Analysis
RSI Analysis for Axis Bank: The RSI of Axis Bank is currently 60.20, indicating that it is in a moderately strong position. An RSI value above 50 suggests a prevailing uptrend, but it's still below overbought conditions, which are typically considered above 70. This suggests some bullish momentum without immediate overbought concerns.

Analysis for Shriram Finance - April 25, 2025

Shriram Finance Performance Shriram Finance closed at 655.20, showing a decrease of 5.95% from the previous close of 696.65. The stock experienced a high of 705.60 and a low of 635.00, with a significant trading volume of 9,728,714 shares. Notably, the stock's price remains above both its 50-day EMA of 638.01 and 200-day EMA of 591.49, suggesting potential underlying strength despite recent declines. The RSI of 49.09 indicates neutral momentum, while the MACD is slightly above its signal line, pointing to possible bullish sentiment.

Relationship with Key Moving Averages
For Shriram Finance, the closing price is 655.20, which is above its 50-day EMA of 638.01 and significantly higher than its 200-day EMA of 591.49, indicating a positive medium to long-term trend. However, the stock closed below its 10-day EMA of 677.53 and 20-day EMA of 666.21, suggesting recent downward movement.
Moving Averages Trend (MACD)
MACD Analysis for Shriram Finance: The MACD value is 15.65, which is slightly above the MACD Signal line of 15.44, suggesting a potential bullish crossover. However, with an RSI around 49.09, the momentum might not be strong, indicating caution for investors.

RSI Analysis
RSI Analysis for Shriram Finance: The Relative Strength Index (RSI) for Shriram Finance is 49.09. This value indicates a neutral position, as it hovers close to the midpoint of 50. It suggests that the stock is neither overbought nor oversold at present.

Analysis for Trent - April 25, 2025

Trent Performance Summary: Trent, operating in the apparel retail sector in India, has shown a recent decline in its stock performance. The closing price of 5145.0 represents a 3.35% decrease from the previous close. Despite this downturn, the stock's technical indicators such as MACD and RSI provide a mixed outlook on future trends, suggesting volatility in its market activity.

Relationship with Key Moving Averages
The stock price of Trent is trading below its 50-day EMA of 5307.83 but is closer to its 10-day and 20-day EMAs, which are at 5190.98 and 5175.63 respectively. This might indicate some recent downward price movement, as the current close of 5145.0 is below these short to mid-term moving averages.
Moving Averages Trend (MACD)
The MACD value for Trent is 1.75, indicating a potential bullish signal as it is above the MACD Signal line, which is -22.09. However, since the MACD is close to zero, it suggests a relatively weak momentum. Combining this with the RSI of 48.75, the stock appears to be in a neutral position, awaiting further directional cues.

RSI Analysis
The relative strength index (RSI) for Trent is currently at 48.75, which suggests that the stock is neither overbought nor oversold. This indicates a neutral momentum, and investors may want to observe further for any significant price changes.
