(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 2021-11-23 View latest technical analysis
10 day averaged volume of Rnbowdenim is 1724
|Date||Daily Closing Price||Open||High||Low||Volume|
|23 Tue Nov 2021||2.55||2.55||2.60||2.55||0.602 times|
|22 Mon Nov 2021||2.48||2.59||2.59||2.47||0.412 times|
|18 Thu Nov 2021||2.47||2.55||2.55||2.47||0.465 times|
|17 Wed Nov 2021||2.53||2.53||2.61||2.53||0.237 times|
|16 Tue Nov 2021||2.53||2.75||2.78||2.52||1.61 times|
|15 Mon Nov 2021||2.65||2.79||2.79||2.62||0.788 times|
|12 Fri Nov 2021||2.74||2.63||2.75||2.50||1.186 times|
|11 Thu Nov 2021||2.63||2.55||2.63||2.55||0.147 times|
|10 Wed Nov 2021||2.66||2.85||2.85||2.66||1.939 times|
|09 Tue Nov 2021||2.75||2.80||2.82||2.61||2.731 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 2.6, but if it comes above 2.6, then a intra day buy could be more profitable.
If you take a sell trade below 2.6, then use 2.6 as stoploss and 2.4 as target. However if you take a buy trade in stock , then use 2.6 as stoploss and 2.65 as target.
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||2.48|
|Downside Intraday Target||2.41|
|Upside Intraday Target||2.61|
|Upside Intraday Target||2.67|
|Downside Intraday Target||2.54|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|23 Tue Nov 2021||2.55||2.59||2.60||2.47||0.327 times|
|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|
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|
|23 Tue Nov 2021||2.55||2.80||2.90||2.47||0.308 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 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 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 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 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
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 2.65 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.