(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 2024-05-16 View latest technical analysis
10 day averaged volume of Rajrayon is 9765
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 22.11 | 22.15 | 22.15 | 21.75 | 0.206 times |
| 15 Wed May 2024 | 21.75 | 22.00 | 22.28 | 21.65 | 1.06 times |
| 14 Tue May 2024 | 21.85 | 21.70 | 21.90 | 21.52 | 0.508 times |
| 13 Mon May 2024 | 21.70 | 22.00 | 22.05 | 21.36 | 0.488 times |
| 10 Fri May 2024 | 21.79 | 21.90 | 22.00 | 21.46 | 0.878 times |
| 09 Thu May 2024 | 21.89 | 22.50 | 22.50 | 21.86 | 1.414 times |
| 08 Wed May 2024 | 22.30 | 22.20 | 22.30 | 21.91 | 0.321 times |
| 07 Tue May 2024 | 21.87 | 22.50 | 22.65 | 21.83 | 0.587 times |
| 06 Mon May 2024 | 22.27 | 22.95 | 22.98 | 22.26 | 1.205 times |
| 03 Fri May 2024 | 22.71 | 22.90 | 23.00 | 22.21 | 1.296 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 21.9 as stoploss in an intra day buy trade for a target of 22.38. However, stock will show a bearish move below 21.9.
Share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Target | 15.05 |
| Downside Target | 19.02 |
| Downside Target | 21.27 |
| Upside Target | 22.17 |
| 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 | 21.55 |
| Downside Intraday Target | 21 |
| Upside Intraday Target | 22.47 |
| Upside Intraday Target | 22.84 |
| Downside Intraday Target | 21.92 |
Weekly technical analysis of Rajrayon (Rajrayon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 22.11 | 22.00 | 22.28 | 21.36 | 0.514 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 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 Rajrayon (Rajrayon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu May 2024 | 22.11 | 23.20 | 23.20 | 21.36 | 0.161 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 SELL signal for Rajrayon 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.
Rajrayon 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 Rajrayon in short term but BUY signal is weak.
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 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 22.06 and Rajrayon (Rajrayon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 SELL signal for Rajrayon 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.
Rajrayon 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 Rajrayon in short term but BUY signal is weak.
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 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 22.06 and Rajrayon (Rajrayon) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for Rajrayon charts
Click here for further forecast and predictions for tomorrow