(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 2022-05-05 View latest technical analysis
10 day averaged volume of Rnbowdenim is 8775
|Date||Daily Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||6.01||6.01||6.01||6.01||0.159 times|
|04 Wed May 2022||6.32||6.98||6.98||6.32||1.541 times|
|02 Mon May 2022||6.65||6.66||6.66||6.65||1.599 times|
|29 Fri Apr 2022||6.35||6.35||6.35||6.35||1.407 times|
|28 Thu Apr 2022||6.05||6.05||6.05||6.05||1.403 times|
|27 Wed Apr 2022||5.77||5.77||5.77||5.77||0.738 times|
|26 Tue Apr 2022||5.50||5.40||5.55||5.40||0.908 times|
|25 Mon Apr 2022||5.32||5.10||5.32||5.10||0.251 times|
|22 Fri Apr 2022||5.07||5.05||5.07||5.05||0.336 times|
|21 Thu Apr 2022||4.83||4.83||5.08||4.83||0.653 times|
My analysis of stock is bullish for shortterm, and stock might move up till 6.5 or till 7.2. Use a stoploss of 5.92 and if this stock hits its stoploss, then it can fall down till 5.34
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||5.69|
|Downside Intraday Target||5.36|
|Upside Intraday Target||6.66|
|Upside Intraday Target||7.3|
|Upside Intraday Target||6.33|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|05 Thu May 2022||6.01||6.66||6.98||6.01||0.701 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|
|13 Wed Apr 2022||5.90||6.40||6.40||5.80||0.118 times|
|08 Fri Apr 2022||6.40||6.53||7.29||6.35||0.884 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|
|05 Thu May 2022||6.01||6.66||6.98||6.01||0.214 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
Indicators analysis of Rnbowdenim (Rnbowdenim)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||36, 36, 0||Sell|
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) based on a short term time period is
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) 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 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 BUY signal for Rnbowdenim in short term but the buy signal is initial and weak.
Rnbowdenim Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL 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 6.03 and Rnbowdenim (Rnbowdenim) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Rnbowdenim (Rnbowdenim) stock. Volume based technical analysis of Rnbowdenim (Rnbowdenim) stock is negative.
Rnbowdenim Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.