(Rnbowdenim) Rnbowdenim complete technical analysis [charts+indicators] | Buy/Sell Rnbowdenim | (Rnbowdenim) share price targets
Complete technical analysis of Rnbowdenim (Rnbowdenim) by charts plus indicators, forecast predictions and share price targets for Rnbowdenim (Rnbowdenim)
10 day averaged volume of Rnbowdenim is 4642
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 4.65 | 4.68 | 4.68 | 4.35 | 0.108 times |
| 18 Wed May 2022 | 4.55 | 4.51 | 4.70 | 4.27 | 0.723 times |
| 17 Tue May 2022 | 4.49 | 4.10 | 4.49 | 4.10 | 1.511 times |
| 16 Mon May 2022 | 4.28 | 4.28 | 4.28 | 4.28 | 1.426 times |
| 13 Fri May 2022 | 4.50 | 4.51 | 4.52 | 4.47 | 0.584 times |
| 12 Thu May 2022 | 4.70 | 5.00 | 5.00 | 4.67 | 0.869 times |
| 11 Wed May 2022 | 4.91 | 4.91 | 5.40 | 4.91 | 0.827 times |
| 10 Tue May 2022 | 5.16 | 5.17 | 5.17 | 5.16 | 1.374 times |
| 09 Mon May 2022 | 5.43 | 5.43 | 5.43 | 5.43 | 1.657 times |
| 06 Fri May 2022 | 5.71 | 5.71 | 5.71 | 5.71 | 0.727 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 4.6 as stoploss in an intra day buy trade for a target of 5.31. However, stock will show a bearish move below 4.6.
Share price targets for Rnbowdenim (Rnbowdenim)
| Target Type | Value |
| Downside Target | 4.10 |
| Downside Target | 4.45 |
| Upside Target | 4.68 |
| Upside Target | 4.83 |
| Upside Target | 5.10 |
| Upside Target | 5.43 |
| Upside Target | 5.60 |
| Upside Target | 6.35 |
| Upside Target | 6.98 |
| Upside Target | 7.29 |
| Upside Target | 8.19 |
| Upside Target | 8.27 |
| Upside Target | 10.25 |
Intraday share price targets for Rnbowdenim (Rnbowdenim)
| Target Type | Value |
| Downside Intraday Target | 4.27 |
| Downside Intraday Target | 3.88 |
| Upside Intraday Target | 4.87 |
| Upside Intraday Target | 5.08 |
| Downside Intraday Target | 4.48 |
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 4.65 | 4.28 | 4.70 | 4.10 | 0.709 times |
| 13 Fri May 2022 | 4.50 | 5.43 | 5.43 | 4.47 | 0.763 times |
| 06 Fri May 2022 | 5.71 | 6.66 | 6.98 | 5.71 | 0.783 times |
| 29 Fri Apr 2022 | 6.35 | 5.10 | 6.35 | 5.10 | 1.977 times |
| 22 Fri Apr 2022 | 5.07 | 5.62 | 5.62 | 4.83 | 3.066 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 Rnbowdenim (Rnbowdenim)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 4.65 | 6.66 | 6.98 | 4.10 | 0.551 times |
| 29 Fri Apr 2022 | 6.35 | 6.86 | 7.29 | 4.83 | 0.739 times |
| 31 Thu Mar 2022 | 7.22 | 4.89 | 8.27 | 4.45 | 1.19 times |
| 28 Mon Feb 2022 | 4.68 | 7.03 | 8.19 | 4.68 | 0.597 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 Rnbowdenim (Rnbowdenim)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 23, 40, 27 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 24 | Sell |
| CCI | -46 | Buy |
| RSI | 45 | Sell |
| OBV | 3632 | Sell |
| VWAP | 5 | Sell |
| ADL | 0 | Sell |
| ROC | -23 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) 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 Rnbowdenim ( (Rnbowdenim) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) 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 Rnbowdenim ( (Rnbowdenim) ) based on a mid to longer term time period is
ADX buy sell signal for Rnbowdenim stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Rnbowdenim 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.
Rnbowdenim 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 in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rnbowdenim in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rnbowdenim is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.86 and Rnbowdenim (Rnbowdenim) 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 Rnbowdenim (Rnbowdenim) stock. Volume based technical analysis of Rnbowdenim (Rnbowdenim) stock is negative.
Rnbowdenim 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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