(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 2022-05-23 View latest technical analysis
10 day averaged volume of Rnbowdenim is 4904
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 4.64 | 4.88 | 4.88 | 4.64 | 0.945 times |
| 20 Fri May 2022 | 4.88 | 4.65 | 4.88 | 4.65 | 1.405 times |
| 19 Thu May 2022 | 4.65 | 4.68 | 4.68 | 4.35 | 0.102 times |
| 18 Wed May 2022 | 4.55 | 4.51 | 4.70 | 4.27 | 0.684 times |
| 17 Tue May 2022 | 4.49 | 4.10 | 4.49 | 4.10 | 1.43 times |
| 16 Mon May 2022 | 4.28 | 4.28 | 4.28 | 4.28 | 1.35 times |
| 13 Fri May 2022 | 4.50 | 4.51 | 4.52 | 4.47 | 0.553 times |
| 12 Thu May 2022 | 4.70 | 5.00 | 5.00 | 4.67 | 0.823 times |
| 11 Wed May 2022 | 4.91 | 4.91 | 5.40 | 4.91 | 0.783 times |
| 10 Tue May 2022 | 5.16 | 5.17 | 5.17 | 5.16 | 1.301 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 5.29. However, stock will show a bearish move below 4.6.
Share price targets for Rnbowdenim (Rnbowdenim)
| Target Type | Value |
| Downside Target | 4.10 |
| Downside Target | 4.45 |
| Downside Target | 4.64 |
| Upside Target | 4.83 |
| Upside Target | 5.10 |
| Upside Target | 5.43 |
| Upside Target | 5.60 |
| Upside Target | 6.35 |
| Upside Target | 6.98 |
| Upside Target | 7.29 |
| Upside Target | 8.19 |
| Upside Target | 8.27 |
| Upside Target | 10.25 |
Intraday share price targets for Rnbowdenim (Rnbowdenim)
| Target Type | Value |
| Downside Intraday Target | 4.56 |
| Downside Intraday Target | 4.48 |
| Upside Intraday Target | 4.8 |
| Upside Intraday Target | 4.96 |
| Upside Intraday Target | 4.72 |
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon May 2022 | 4.64 | 4.88 | 4.88 | 4.64 | 0.19 times |
| 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 |
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 |
| 23 Mon May 2022 | 4.64 | 6.66 | 6.98 | 4.10 | 0.636 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 | 24, 36, 20 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 45 | None |
| CCI | 13 | Sell |
| RSI | 46 | Sell |
| OBV | 21840 | Sell |
| VWAP | 5 | Sell |
| ADL | 0 | Sell |
| ROC | -15 | Sell |
| Force Index | 0 | 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 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 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 gaining momentum.
MACD generated a SELL signal for Rnbowdenim in short term and the sell signal is strong.
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 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 but selling is losing 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 4.69 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.
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