Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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, 7Sell
Stochastics 0Sell
CCI -117Sell
RSI 53Buy
OBV 27988Sell
VWAP 75Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

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.

Click here for Rajrayon charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme