CFEL technical summary

At ₹33.78, Confidence Futuristic Energetech Limited is trading 14.8% below its 50-day average of ₹39.65 and 14.1% below its 200-day average of ₹39.31. The 14-day RSI is 18.8, in oversold territory (30 or below). MACD is -5.04 against a signal line of -5.46, so the MACD line sits above its signal line. ADX(14) reads 75.9, a strong trend reading (25 or above); ADX measures trend strength, not direction. The 52-week range is ₹28.16 to ₹52.8, with the price 23% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹33.6, resistance ₹34.9 and ₹35.8, support ₹32.7 and ₹31.4.