(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 523
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 70.21 | 70.21 | 70.21 | 70.21 | 1.864 times |
| 23 Thu Mar 2023 | 71.64 | 71.64 | 71.64 | 71.64 | 1.424 times |
| 22 Wed Mar 2023 | 73.10 | 73.10 | 73.10 | 73.10 | 1.367 times |
| 21 Tue Mar 2023 | 74.59 | 74.59 | 74.59 | 74.59 | 0.677 times |
| 20 Mon Mar 2023 | 76.11 | 76.11 | 76.11 | 76.11 | 0.493 times |
| 17 Fri Mar 2023 | 77.66 | 77.66 | 77.66 | 77.66 | 0.436 times |
| 16 Thu Mar 2023 | 79.24 | 79.24 | 79.24 | 79.24 | 1.21 times |
| 15 Wed Mar 2023 | 80.85 | 80.85 | 80.85 | 80.85 | 0.291 times |
| 14 Tue Mar 2023 | 82.49 | 82.49 | 82.49 | 82.49 | 0.409 times |
| 13 Mon Mar 2023 | 84.17 | 84.17 | 84.17 | 84.17 | 0.92 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 68.7, for a target of 75.2 or 80.59
Share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Target | 42.20 |
| Downside Target | 52.05 |
| Downside Target | 54.95 |
| Downside Target | 57.45 |
| Downside Target | 70.21 |
| Upside Target | 71.80 |
| Upside Target | 76.11 |
| Upside Target | 77.66 |
| Upside Target | 81.00 |
| Upside Target | 84.17 |
| Upside Target | 85.88 |
| Upside Target | 85.95 |
| Upside Target | 91.19 |
Intraday share price targets for Rajrayon (Rajrayon)
| Target Type | Value |
| Downside Intraday Target | 68.24 |
| Downside Intraday Target | 66.28 |
| Upside Intraday Target | 74.14 |
| Upside Intraday Target | 78.08 |
| Upside Intraday Target | 72.18 |
Weekly technical analysis of Rajrayon (Rajrayon)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 70.21 | 76.11 | 76.11 | 70.21 | 1.784 times |
| 17 Fri Mar 2023 | 77.66 | 84.17 | 84.17 | 77.66 | 0.067 times |
| 10 Fri Mar 2023 | 85.88 | 87.66 | 91.19 | 85.88 | 0.646 times |
| 03 Fri Mar 2023 | 85.95 | 79.45 | 85.95 | 79.45 | 1.578 times |
| 24 Fri Feb 2023 | 77.90 | 72.10 | 77.90 | 71.80 | 0.539 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rajrayon (Rajrayon)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 24 Fri Mar 2023 | 70.21 | 82.62 | 91.19 | 70.21 | 0.368 times |
| 28 Tue Feb 2023 | 81.00 | 56.00 | 81.00 | 56.00 | 0.737 times |
| 31 Tue Jan 2023 | 54.95 | 51.05 | 54.95 | 42.75 | 44.702 times |
| 26 Mon Dec 2022 | 52.05 | 55.25 | 55.25 | 52.05 | 0.021 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 28, 68, 42 | Sell |
| MACD | 4, 7 | Sell |
| Stochastics | 0 | Sell |
| CCI | -117 | Sell |
| RSI | 53 | Buy |
| OBV | 27988 | Sell |
| VWAP | 75 | Sell |
| ADL | 0 | Sell |
| ROC | -18 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rajrayon ( (Rajrayon) ) based on a short term time period is
Price action analysis of Rajrayon ( (Rajrayon) ) based on a short term time period is
Price action analysis of Rajrayon ( (Rajrayon) ) based on a short to mid 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 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 but the sell signal is initial and weak.
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 green color and prices are in or below the green 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 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 75.38 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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