(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 2022-05-24 View latest technical analysis
10 day averaged volume of Rnbowdenim is 4598
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 4.42 | 4.42 | 4.69 | 4.42 | 0.953 times |
| 23 Mon May 2022 | 4.64 | 4.88 | 4.88 | 4.64 | 1.007 times |
| 20 Fri May 2022 | 4.88 | 4.65 | 4.88 | 4.65 | 1.499 times |
| 19 Thu May 2022 | 4.65 | 4.68 | 4.68 | 4.35 | 0.109 times |
| 18 Wed May 2022 | 4.55 | 4.51 | 4.70 | 4.27 | 0.73 times |
| 17 Tue May 2022 | 4.49 | 4.10 | 4.49 | 4.10 | 1.525 times |
| 16 Mon May 2022 | 4.28 | 4.28 | 4.28 | 4.28 | 1.44 times |
| 13 Fri May 2022 | 4.50 | 4.51 | 4.52 | 4.47 | 0.59 times |
| 12 Thu May 2022 | 4.70 | 5.00 | 5.00 | 4.67 | 0.878 times |
| 11 Wed May 2022 | 4.91 | 4.91 | 5.40 | 4.91 | 0.835 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 4.5, but if it comes above 4.5, then a intra day buy could be more profitable.
If you take a sell trade below 4.5, then use 4.5 as stoploss and 3.6 as target. However if you take a buy trade in stock , then use 4.5 as stoploss and 5.25 as target.
Share price targets for Rnbowdenim (Rnbowdenim)
| Target Type | Value |
| Downside Target | 4.10 |
| Downside Target | 4.42 |
| Upside Target | 4.68 |
| 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 | 4.27 |
| Downside Intraday Target | 4.11 |
| Upside Intraday Target | 4.73 |
| Upside Intraday Target | 5.03 |
| Upside Intraday Target | 4.57 |
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue May 2022 | 4.42 | 4.88 | 4.88 | 4.42 | 0.37 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 |
| 24 Tue May 2022 | 4.42 | 6.66 | 6.98 | 4.10 | 0.668 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 | 22, 41, 30 | Sell |
| MACD | -1, -1 | Sell |
| Stochastics | 42 | None |
| CCI | -35 | Sell |
| RSI | 46 | Sell |
| OBV | 14511 | Sell |
| VWAP | 5 | Sell |
| ADL | 0 | Sell |
| ROC | -14 | 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 Strong 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 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
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 4.59 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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