(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)
Showing technical analysis as on 2024-05-13 View latest technical analysis
10 day averaged volume of Rajrayon is 12941
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 21.70 | 22.00 | 22.05 | 21.36 | 0.368 times |
| 10 Fri May 2024 | 21.79 | 21.90 | 22.00 | 21.46 | 0.662 times |
| 09 Thu May 2024 | 21.89 | 22.50 | 22.50 | 21.86 | 1.067 times |
| 08 Wed May 2024 | 22.30 | 22.20 | 22.30 | 21.91 | 0.242 times |
| 07 Tue May 2024 | 21.87 | 22.50 | 22.65 | 21.83 | 0.443 times |
| 06 Mon May 2024 | 22.27 | 22.95 | 22.98 | 22.26 | 0.91 times |
| 03 Fri May 2024 | 22.71 | 22.90 | 23.00 | 22.21 | 0.978 times |
| 02 Thu May 2024 | 22.58 | 23.20 | 23.20 | 22.58 | 1.693 times |
| 30 Tue Apr 2024 | 23.04 | 23.50 | 23.73 | 23.00 | 1.129 times |
| 29 Mon Apr 2024 | 23.27 | 23.00 | 23.35 | 22.50 | 1.676 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, but if it comes above 22, then a intra day buy could be more profitable.
If you take a sell trade below 22, then use 22 as stoploss and 21.3 as target. However if you take a buy trade in stock , then use 22 as stoploss and 22.61 as target.
Share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Target | 15.05 |
| Downside Target | 19.02 |
| Downside Target | 21.27 |
| Upside Target | 22.98 |
| Upside Target | 23.20 |
| 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 | 21.36 |
| Downside Intraday Target | 21.01 |
| Upside Intraday Target | 22.05 |
| Upside Intraday Target | 22.39 |
| Upside Intraday Target | 21.7 |
Weekly technical analysis of Rajrayon (Rajrayon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 21.70 | 22.00 | 22.05 | 21.36 | 0.111 times |
| 10 Fri May 2024 | 21.79 | 22.95 | 22.98 | 21.46 | 0.607 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 |
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 |
| 13 Mon May 2024 | 21.70 | 23.20 | 23.20 | 21.36 | 0.133 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 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 Rajrayon ( (Rajrayon) ) 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rajrayon in short term and the sell signal is strong.
Rajrayon 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rajrayon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.53 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 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.
Price action analysis of Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) 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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Rajrayon in short term and the sell signal is strong.
Rajrayon 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 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rajrayon is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.53 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 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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