(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 2022-05-20 View latest technical analysis
10 day averaged volume of Rnbowdenim is 4552
|Date||Daily Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||4.88||4.65||4.88||4.65||1.514 times|
|19 Thu May 2022||4.65||4.68||4.68||4.35||0.11 times|
|18 Wed May 2022||4.55||4.51||4.70||4.27||0.737 times|
|17 Tue May 2022||4.49||4.10||4.49||4.10||1.541 times|
|16 Mon May 2022||4.28||4.28||4.28||4.28||1.454 times|
|13 Fri May 2022||4.50||4.51||4.52||4.47||0.596 times|
|12 Thu May 2022||4.70||5.00||5.00||4.67||0.886 times|
|11 Wed May 2022||4.91||4.91||5.40||4.91||0.844 times|
|10 Tue May 2022||5.16||5.17||5.17||5.16||1.402 times|
|09 Mon May 2022||5.43||5.43||5.43||5.43||1.69 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 5.32. However, stock will show a bearish move below 4.6.
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||4.36|
|Downside Intraday Target||3.84|
|Upside Intraday Target||5.14|
|Upside Intraday Target||5.4|
|Downside Intraday Target||4.62|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|20 Fri May 2022||4.88||4.28||4.88||4.10||0.989 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|
|20 Fri May 2022||4.88||6.66||6.98||4.10||0.602 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||26, 38, 18||Sell|
Price action analysis of Rnbowdenim ( (Rnbowdenim) ) based on a short 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rnbowdenim Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY 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 4.81 and Rnbowdenim (Rnbowdenim) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.