(Rajrayon) Rajrayon complete technical analysis [charts+indicators] | Buy/Sell Rajrayon | (Rajrayon) share price targets
Complete technical analysis of Rajrayon (Rajrayon) by charts plus indicators, forecast predictions and share price targets for Rajrayon (Rajrayon)
10 day averaged volume of Rajrayon is 15907
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 22.27 | 22.95 | 22.98 | 22.26 | 0.74 times |
| 03 Fri May 2024 | 22.71 | 22.90 | 23.00 | 22.21 | 0.796 times |
| 02 Thu May 2024 | 22.58 | 23.20 | 23.20 | 22.58 | 1.377 times |
| 30 Tue Apr 2024 | 23.04 | 23.50 | 23.73 | 23.00 | 0.919 times |
| 29 Mon Apr 2024 | 23.27 | 23.00 | 23.35 | 22.50 | 1.363 times |
| 26 Fri Apr 2024 | 22.90 | 22.62 | 23.05 | 22.17 | 0.976 times |
| 25 Thu Apr 2024 | 22.62 | 23.50 | 23.54 | 22.62 | 1.185 times |
| 24 Wed Apr 2024 | 23.08 | 23.00 | 23.08 | 22.55 | 0.4 times |
| 23 Tue Apr 2024 | 22.63 | 22.50 | 22.79 | 22.35 | 0.351 times |
| 22 Mon Apr 2024 | 22.35 | 22.17 | 22.61 | 21.73 | 2.318 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.4, but if it comes above 22.4, then a intra day buy could be more profitable.
If you take a sell trade below 22.4, then use 22.4 as stoploss and 21.7 as target. However if you take a buy trade in stock , then use 22.4 as stoploss and 23 as target.
Share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Target | 15.05 |
| Downside Target | 19.02 |
| Downside Target | 21.27 |
| Downside Target | 21.73 |
| Downside Target | 22.17 |
| Upside Target | 23.46 |
| Upside Target | 23.54 |
| Upside Target | 23.73 |
| Upside Target | 24.88 |
| Upside Target | 28.18 |
| Upside Target | 31.08 |
Intraday share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Intraday Target | 22.03 |
| Downside Intraday Target | 21.78 |
| Upside Intraday Target | 22.75 |
| Upside Intraday Target | 23.22 |
| Upside Intraday Target | 22.5 |
Weekly technical analysis of Rajrayon (Rajrayon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 22.27 | 22.95 | 22.98 | 22.26 | 0.166 times |
| 03 Fri May 2024 | 22.71 | 23.00 | 23.73 | 22.21 | 0.852 times |
| 26 Fri Apr 2024 | 22.90 | 22.17 | 23.54 | 21.73 | 1.408 times |
| 19 Fri Apr 2024 | 22.17 | 23.46 | 23.46 | 22.17 | 0.397 times |
| 12 Fri Apr 2024 | 23.93 | 23.48 | 24.88 | 22.56 | 0.511 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 Rajrayon (Rajrayon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 22.27 | 23.20 | 23.20 | 22.21 | 0.075 times |
| 30 Tue Apr 2024 | 23.04 | 22.14 | 24.88 | 21.27 | 0.94 times |
| 28 Thu Mar 2024 | 22.59 | 28.73 | 31.08 | 22.59 | 0.236 times |
| 29 Thu Feb 2024 | 28.18 | 19.02 | 28.18 | 19.02 | 4.117 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 Rajrayon (Rajrayon)
Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rajrayon ( (Rajrayon) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rajrayon in short term but the buy signal is initial and weak.
Rajrayon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rajrayon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Rajrayon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.7 and Rajrayon (Rajrayon) 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 Rajrayon (Rajrayon) stock. Volume based technical analysis of Rajrayon (Rajrayon) stock is negative.
Rajrayon Stock is giving positive 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.
Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rajrayon ( (Rajrayon) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rajrayon in short term but the buy signal is initial and weak.
Rajrayon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Rajrayon in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling 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 Rajrayon is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.7 and Rajrayon (Rajrayon) 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 Rajrayon (Rajrayon) stock. Volume based technical analysis of Rajrayon (Rajrayon) stock is negative.
Rajrayon Stock is giving positive 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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