(RishiLaser) Rishi Laser complete technical analysis [charts+indicators] | Buy/Sell Rishi Laser | (RishiLaser) share price targets
Complete technical analysis of Rishi Laser (RishiLaser) by charts plus indicators, forecast predictions and share price targets for Rishi Laser (RishiLaser)
10 day averaged volume of Rishi Laser is 9354
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.66 | 23.80 | 24.66 | 23.08 | 0.792 times |
| 20 Mon Mar 2023 | 23.49 | 23.01 | 24.54 | 23.01 | 0.559 times |
| 17 Fri Mar 2023 | 23.55 | 23.28 | 23.99 | 23.02 | 0.311 times |
| 16 Thu Mar 2023 | 23.28 | 23.90 | 24.00 | 22.33 | 1.52 times |
| 15 Wed Mar 2023 | 23.50 | 24.51 | 25.29 | 23.40 | 0.92 times |
| 14 Tue Mar 2023 | 24.51 | 24.75 | 26.39 | 24.51 | 3.049 times |
| 13 Mon Mar 2023 | 25.80 | 26.45 | 28.24 | 25.78 | 0.888 times |
| 10 Fri Mar 2023 | 26.99 | 26.33 | 26.99 | 26.05 | 0.361 times |
| 09 Thu Mar 2023 | 26.39 | 26.86 | 27.93 | 26.02 | 0.427 times |
| 08 Wed Mar 2023 | 26.86 | 27.67 | 28.10 | 26.06 | 0.929 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 24.3 as stoploss in an intra day buy trade for a target of 26.02. However, stock will show a bearish move below 24.3.
Share price targets for Rishi Laser (RishiLaser)
| Target Type | Value |
| Downside Target | 20.20 |
| Downside Target | 21.80 |
| Downside Target | 23.01 |
| Downside Target | 24.66 |
| Upside Target | 26.02 |
| Upside Target | 27.60 |
| Upside Target | 28.00 |
| Upside Target | 28.10 |
| Upside Target | 28.24 |
| Upside Target | 31.10 |
| Upside Target | 32.50 |
Intraday share price targets for Rishi Laser (RishiLaser)
| Target Type | Value |
| Downside Intraday Target | 23.56 |
| Downside Intraday Target | 22.46 |
| Upside Intraday Target | 25.21 |
| Upside Intraday Target | 25.76 |
| Downside Intraday Target | 24.11 |
Weekly technical analysis of Rishi Laser (RishiLaser)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.66 | 23.01 | 24.66 | 23.01 | 0.202 times |
| 17 Fri Mar 2023 | 23.55 | 26.45 | 28.24 | 22.33 | 2.428 times |
| 10 Fri Mar 2023 | 26.99 | 26.60 | 28.10 | 26.02 | 0.71 times |
| 03 Fri Mar 2023 | 26.61 | 26.95 | 27.80 | 25.00 | 0.394 times |
| 24 Fri Feb 2023 | 26.30 | 31.50 | 32.50 | 26.20 | 1.52 times |
Price has moved up 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 Rishi Laser (RishiLaser)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 21 Tue Mar 2023 | 24.66 | 25.40 | 28.24 | 22.33 | 0.194 times |
| 28 Tue Feb 2023 | 25.55 | 27.65 | 32.50 | 25.30 | 6.039 times |
| 31 Tue Jan 2023 | 26.35 | 24.65 | 27.60 | 22.05 | 0.956 times |
| 30 Fri Dec 2022 | 24.30 | 27.00 | 28.00 | 21.80 | 0.398 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 Rishi Laser (RishiLaser)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 15, 22, 17 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 27 | Sell |
| CCI | -46 | Buy |
| RSI | 53 | Buy |
| OBV | -111591 | Sell |
| VWAP | 25 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rishi Laser ( (RishiLaser) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Rishi Laser ( (RishiLaser) ) 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 Rishi Laser ( (RishiLaser) ) 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 Rishi Laser ( (RishiLaser) ) based on a mid to longer 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.
ADX buy sell signal for Rishi Laser stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rishi Laser in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rishi Laser Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rishi Laser in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Rishi Laser is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 24.66 and Rishi Laser (RishiLaser) 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 Rishi Laser (RishiLaser) stock. Volume based technical analysis of Rishi Laser (RishiLaser) stock is negative.
Rishi Laser 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.
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