Waaree Energies Limited Waareeener stock showed bearish momentum with -7.74% movement on May 23, 2025

    Date:  May 23, 2025 (Friday)
    
    open  :  ₹2875.00
    close :  ₹2765.00
    low   :  ₹2664.00
    high  :  ₹2914.70 
    
    previous close:  ₹2996.90 
    

On May 23, 2025 (Friday), Waaree Energies Limited Waareeener in the Technology sector showed bearish momentum of -7.74% relative to previous day's close. The stock belongs to the solar industry within the Technology sector.

At the opening bell, the stock started with a significant gap down at ₹2875.00, compared to the previous close of ₹2996.90 (a significant gap down of -4.07%).

Waaree Energies Limited Waareeener which is a Large-Cap stock with market cap of 794.338B hit a high of ₹2914.70 and a low of ₹2664.00, creating a trading range of ₹250.70. The price movement for the day was -3.83% lower than the opening price.

During the day's session, the Waaree Energies Limited Waareeener saw a significant increase in trading activity, trading 8,914,816 shares, which is up 334.00% from the average of 2,054,096 shares. This surge in volume suggests heightened investor interest or a major event driving the stock's movement.

The stock showed high volatility (9.07%) with a wide trading range and a large movement (the stock surged from ₹2664.00 to ₹2914.70).

If we look at the last 30 days daily chart, the stock has been in an uptrend, but today's close < open forms a bearish candle, going against the trend and hinting at selling pressure or potential weakness in the uptrend.