(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 2021-11-18 View latest technical analysis
10 day averaged volume of Rnbowdenim is 2947
|Date||Daily Closing Price||Open||High||Low||Volume|
|18 Thu Nov 2021||2.47||2.55||2.55||2.47||0.272 times|
|17 Wed Nov 2021||2.53||2.53||2.61||2.53||0.138 times|
|16 Tue Nov 2021||2.53||2.75||2.78||2.52||0.942 times|
|15 Mon Nov 2021||2.65||2.79||2.79||2.62||0.461 times|
|12 Fri Nov 2021||2.74||2.63||2.75||2.50||0.694 times|
|11 Thu Nov 2021||2.63||2.55||2.63||2.55||0.086 times|
|10 Wed Nov 2021||2.66||2.85||2.85||2.66||1.134 times|
|09 Tue Nov 2021||2.75||2.80||2.82||2.61||1.598 times|
|08 Mon Nov 2021||2.74||2.66||2.77||2.55||0.285 times|
|04 Thu Nov 2021||2.66||2.66||2.66||2.66||0.049 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 2.5, for a target of 2.6 or 2.66
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||2.36|
|Downside Intraday Target||2.26|
|Upside Intraday Target||2.68|
|Upside Intraday Target||2.9|
|Upside Intraday Target||2.58|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|18 Thu Nov 2021||2.47||2.79||2.79||2.47||0.478 times|
|12 Fri Nov 2021||2.74||2.66||2.85||2.50||0.508 times|
|04 Thu Nov 2021||2.66||2.80||2.90||2.65||3.01 times|
|29 Fri Oct 2021||2.78||2.68||2.79||2.47||0.313 times|
|22 Fri Oct 2021||2.57||2.84||2.85||2.47||1.193 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|
|18 Thu Nov 2021||2.47||2.80||2.90||2.47||0.294 times|
|29 Fri Oct 2021||2.78||2.69||3.15||2.35||1.625 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|
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||29, 29, 0||Sell|
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) 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 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 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 Rnbowdenim ( (Rnbowdenim) ) 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 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 and the sell signal is strong.
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 SELL signal for Rnbowdenim in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 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 2.66 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.