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(RasiElectro) Rasi Electro complete technical analysis [charts+indicators] | Buy/Sell Rasi Electro | (RasiElectro) share price targets

Complete technical analysis of Rasi Electro (RasiElectro) by charts plus indicators, forecast predictions and share price targets for Rasi Electro (RasiElectro)

Showing technical analysis as on 2021-08-23 View latest technical analysis

10 day averaged volume of Rasi Electro is 52349

Date Daily Closing Price Open High Low Volume
23 Mon Aug 2021 5.71 6.20 6.20 5.55 0.224 times
20 Fri Aug 2021 5.83 6.15 6.19 5.70 0.441 times
18 Wed Aug 2021 5.84 6.25 6.25 5.82 1.29 times
17 Tue Aug 2021 6.12 6.43 6.43 6.07 0.42 times
16 Mon Aug 2021 6.28 6.30 6.45 6.07 1.288 times
13 Fri Aug 2021 6.14 5.99 6.20 5.67 1.942 times
12 Thu Aug 2021 5.80 5.82 6.10 5.51 0.676 times
11 Wed Aug 2021 5.82 5.90 5.90 5.60 0.624 times
10 Tue Aug 2021 5.76 6.16 6.16 5.71 0.629 times
09 Mon Aug 2021 6.12 6.20 6.20 6.01 2.094 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.8, but if it comes above 5.8, then a intra day buy could be more profitable.
If you take a sell trade below 5.8, then use 5.8 as stoploss and 5.6 as target. However if you take a buy trade in stock , then use 5.8 as stoploss and 5.96 as target.

Share price targets for Rasi Electro (RasiElectro)

Target Type Value
Downside Target 3.51
Downside Target 3.62
Downside Target 4.11
Downside Target 5.04
Downside Target 5.42
Upside Target 6.20
Upside Target 6.35
Upside Target 6.45
Upside Target 6.50
Upside Target 7.25

Intraday share price targets for Rasi Electro (RasiElectro)

Target Type Value
Downside Intraday Target 5.44
Downside Intraday Target 5.17
Upside Intraday Target 6.09
Upside Intraday Target 6.47
Upside Intraday Target 5.82

Weekly technical analysis of Rasi Electro (RasiElectro)

Date Weekly Closing Price Open High Low Volume
23 Mon Aug 2021 5.71 6.20 6.20 5.55 0.065 times
20 Fri Aug 2021 5.83 6.30 6.45 5.70 0.576 times
13 Fri Aug 2021 6.14 6.20 6.20 5.51 1.417 times
06 Fri Aug 2021 5.99 6.15 6.35 5.42 2.047 times
30 Fri Jul 2021 6.01 5.71 6.20 5.71 0.99 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 Rasi Electro (RasiElectro)

Date Monthly Closing Price Open High Low Volume
23 Mon Aug 2021 5.71 6.15 6.45 5.42 0.896 times
30 Fri Jul 2021 6.01 6.40 6.50 5.63 0.366 times
30 Wed Jun 2021 6.25 4.55 7.25 4.11 2.682 times
31 Mon May 2021 4.31 4.50 5.04 3.51 0.816 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 Rasi Electro (RasiElectro)

Indicator Name Indicator Value Indicator Signal
ADX 11, 22, 33 Sell
MACD 0, 0Sell
Stochastics 32None
CCI -74Sell
RSI 55Buy
OBV 99945Sell
VWAP 6Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Rasi Electro ( (RasiElectro) ) 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 Rasi Electro ( (RasiElectro) ) based on a short 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 Rasi Electro ( (RasiElectro) ) based on a short to mid 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 Rasi Electro ( (RasiElectro) ) based on a mid to longer 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

ADX buy sell signal for Rasi Electro stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rasi Electro in short term but the sell signal is initial and weak.

Rasi Electro 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rasi Electro 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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rasi Electro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.02 and Rasi Electro (RasiElectro) 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 Rasi Electro (RasiElectro) stock. Volume based technical analysis of Rasi Electro (RasiElectro) stock is negative.

Rasi Electro 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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Daily charts

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Daily chart

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