(RamaPetro) Rama Petro complete technical analysis [charts+indicators] | Buy/Sell Rama Petro | (RamaPetro) share price targets
Complete technical analysis of Rama Petro (RamaPetro) by charts plus indicators, forecast predictions and share price targets for Rama Petro (RamaPetro)
10 day averaged volume of Rama Petro is 1246
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||2.58||2.58||2.58||2.58||0.803 times|
|16 Thu Sep 2021||2.58||2.80||2.80||2.58||0.209 times|
|15 Wed Sep 2021||2.71||2.85||2.85||2.71||0.081 times|
|14 Tue Sep 2021||2.85||2.83||2.85||2.83||1.204 times|
|13 Mon Sep 2021||2.83||2.83||2.83||2.83||0.649 times|
|09 Thu Sep 2021||2.70||2.57||2.70||2.57||5.26 times|
|08 Wed Sep 2021||2.70||2.70||2.70||2.70||0.161 times|
|07 Tue Sep 2021||2.81||2.81||2.81||2.81||0.562 times|
|03 Fri Sep 2021||2.81||2.81||2.81||2.81||1.613 times|
|02 Thu Sep 2021||2.95||2.95||2.95||2.95||0.02 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.7, but if it comes above 2.7, then a intra day buy could be more profitable.
If you take a sell trade below 2.7, then use 2.7 as stoploss and 2.3 as target. However if you take a buy trade in stock , then use 2.7 as stoploss and 3.05 as target.
Share price targets for Rama Petro (RamaPetro)
Intraday share price targets for Rama Petro (RamaPetro)
|Downside Intraday Target||2.49|
|Downside Intraday Target||2.4|
|Upside Intraday Target||2.76|
|Upside Intraday Target||2.94|
|Upside Intraday Target||2.67|
Weekly technical analysis of Rama Petro (RamaPetro)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||2.58||2.83||2.85||2.58||0.492 times|
|09 Thu Sep 2021||2.70||2.81||2.81||2.57||3.02 times|
|03 Fri Sep 2021||2.81||3.12||3.12||2.81||1.048 times|
|27 Fri Aug 2021||3.28||3.45||3.45||3.28||1.978 times|
|18 Wed Aug 2021||3.50||3.40||3.50||3.23||0.459 times|
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Rama Petro (RamaPetro)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|17 Fri Sep 2021||2.58||3.10||3.10||2.57||2.146 times|
|31 Tue Aug 2021||3.12||3.95||3.95||3.12||0.141 times|
|15 Thu Jul 2021||4.15||4.70||5.55||4.15||0.48 times|
|30 Wed Jun 2021||4.70||3.59||4.77||3.00||2.769 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Rama Petro (RamaPetro)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||45, 73, 23||Sell|
Price action analysis of Rama Petro ( (RamaPetro) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Rama Petro ( (RamaPetro) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rama Petro ( (RamaPetro) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Rama Petro ( (RamaPetro) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Rama Petro stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Rama Petro in short term and the sell signal is strong.
Rama Petro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rama Petro in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rama Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.74 and Rama Petro (RamaPetro) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Rama Petro (RamaPetro) stock. Volume based technical analysis of Rama Petro (RamaPetro) stock is negative.
Rama Petro Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.