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(RajooEngin) Rajoo Engin complete technical analysis [charts+indicators] | Buy/Sell Rajoo Engin | (RajooEngin) share price targets

Complete technical analysis of Rajoo Engin (RajooEngin) by charts plus indicators, forecast predictions and share price targets for Rajoo Engin (RajooEngin)

10 day averaged volume of Rajoo Engin is 237061

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 27.75 28.55 28.60 26.70 0.32 times
17 Thu Jun 2021 27.25 28.00 29.80 26.90 0.69 times
16 Wed Jun 2021 28.55 30.50 30.80 28.05 0.553 times
15 Tue Jun 2021 29.85 27.70 30.00 27.55 0.712 times
14 Mon Jun 2021 27.30 28.85 29.30 26.15 0.967 times
11 Fri Jun 2021 28.85 30.75 30.75 28.30 0.833 times
10 Thu Jun 2021 30.10 31.60 31.60 29.90 0.757 times
09 Wed Jun 2021 31.00 32.15 32.90 30.90 0.896 times
08 Tue Jun 2021 32.15 32.80 32.95 31.25 0.698 times
07 Mon Jun 2021 32.25 34.75 35.00 31.60 2.905 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 28.6, but if it comes above 28.6, then a intra day buy could be more profitable.
If you take a sell trade below 28.6, then use 28.6 as stoploss and 26.5 as target. However if you take a buy trade in stock , then use 28.6 as stoploss and 30.34 as target.

Share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Target 18.30
Downside Target 22.35
Downside Target 23.30
Downside Target 23.90
Downside Target 25.30
Downside Target 27.35
Upside Target 28.30
Upside Target 29.70
Upside Target 30.80
Upside Target 32.50
Upside Target 32.80
Upside Target 35.00

Intraday share price targets for Rajoo Engin (RajooEngin)

Target Type Value
Downside Intraday Target 25.67
Downside Intraday Target 23.58
Upside Intraday Target 30.32
Upside Intraday Target 32.88
Upside Intraday Target 28.23

Weekly technical analysis of Rajoo Engin (RajooEngin)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 27.75 28.85 30.80 26.15 0.533 times
11 Fri Jun 2021 28.85 34.75 35.00 28.30 1.734 times
04 Fri Jun 2021 31.60 31.75 32.80 30.25 0.584 times
28 Fri May 2021 31.50 28.00 32.50 27.35 0.869 times
21 Fri May 2021 27.55 25.30 29.70 25.30 3.161 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 Rajoo Engin (RajooEngin)

Date Monthly Closing Price Open High Low Volume
18 Fri Jun 2021 27.75 32.80 35.00 26.15 0.67 times
31 Mon May 2021 32.25 22.90 32.80 22.35 1.879 times
30 Fri Apr 2021 23.30 20.50 25.75 18.75 1.721 times
31 Wed Mar 2021 19.70 23.30 23.30 18.30 0.837 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Rajoo Engin (RajooEngin)

Indicator Name Indicator Value Indicator Signal
ADX 17, 22, 12 Sell
MACD 2, 2Sell
Stochastics 19Sell
CCI -88Sell
RSI 57Buy
OBV 392331Sell
VWAP 30Sell
ADL 0Sell
ROC -12Sell
Force Index 0Sell

Price action analysis of Rajoo Engin ( (RajooEngin) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rajoo Engin ( (RajooEngin) ) 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 Rajoo Engin ( (RajooEngin) ) 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 Rajoo Engin ( (RajooEngin) ) 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 Rajoo Engin stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Rajoo Engin in short term but the sell signal is initial and weak.

Rajoo Engin 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 moving up

CCI has generated a SELL signal for Rajoo Engin 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 negative zone. This is the SELL zone

Stock of Rajoo Engin is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.2 and Rajoo Engin (RajooEngin) 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 Rajoo Engin (RajooEngin) stock. Volume based technical analysis of Rajoo Engin (RajooEngin) stock is negative.

Rajoo Engin Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rajoo Engin charts

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Daily charts

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