(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)
Showing technical analysis as on 2021-10-22 View latest technical analysis
10 day averaged volume of Rnbowdenim is 5123
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Fri Oct 2021||2.57||2.75||2.75||2.57||0.488 times|
|21 Thu Oct 2021||2.70||2.59||2.70||2.48||0.515 times|
|20 Wed Oct 2021||2.59||2.85||2.85||2.59||0.373 times|
|19 Tue Oct 2021||2.72||2.60||2.72||2.47||2.194 times|
|18 Mon Oct 2021||2.60||2.84||2.85||2.60||0.997 times|
|14 Thu Oct 2021||2.72||2.72||2.72||2.72||0.435 times|
|13 Wed Oct 2021||2.85||3.10||3.10||2.85||1.551 times|
|12 Tue Oct 2021||3.00||3.14||3.15||2.99||0.61 times|
|11 Mon Oct 2021||3.00||3.00||3.06||2.86||1.234 times|
|08 Fri Oct 2021||2.99||2.85||2.99||2.74||0.73 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 2.5 as stoploss in an intra day buy trade for a target of 2.67. However, stock will show a bearish move below 2.5.
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||2.41|
|Downside Intraday Target||2.25|
|Upside Intraday Target||2.79|
|Upside Intraday Target||3.01|
|Upside Intraday Target||2.63|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Fri Oct 2021||2.57||2.84||2.85||2.47||1.193 times|
|14 Thu Oct 2021||2.72||3.00||3.15||2.72||0.272 times|
|08 Fri Oct 2021||2.99||2.47||2.99||2.35||2.355 times|
|01 Fri Oct 2021||2.47||2.33||2.69||2.30||1.778 times|
|24 Fri Sep 2021||2.33||2.48||2.55||2.25||0.682 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 Rnbowdenim (Rnbowdenim)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|22 Fri Oct 2021||2.57||2.69||3.15||2.35||1.534 times|
|30 Thu Sep 2021||2.59||2.50||2.73||2.25||1.551 times|
|31 Tue Aug 2021||2.40||3.65||4.01||2.36||1.051 times|
|30 Fri Jul 2021||3.64||1.96||3.65||1.96||1.387 times|
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Rnbowdenim (Rnbowdenim)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||23, 27, 9||Sell|
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 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 short to mid 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.
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) based on a mid to longer 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.
ADX buy sell signal for Rnbowdenim stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rnbowdenim in short term but the sell signal is initial and weak.
Rnbowdenim Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rnbowdenim is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.79 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 positive