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(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 2022-08-29 View latest technical analysis

10 day averaged volume of Rnbowdenim is 5044

Date Daily Closing Price Open High Low Volume
29 Mon Aug 2022 4.31 4.53 4.53 4.31 0.216 times
22 Mon Aug 2022 4.53 4.53 4.53 4.53 0.009 times
16 Tue Aug 2022 4.76 4.76 4.76 4.76 0.006 times
08 Mon Aug 2022 5.01 5.20 5.20 5.01 0.031 times
01 Mon Aug 2022 5.27 5.48 5.48 5.27 0.283 times
28 Thu Jul 2022 5.54 5.74 5.74 5.20 3.102 times
27 Wed Jul 2022 5.47 5.45 5.47 5.45 0.223 times
26 Tue Jul 2022 5.21 5.10 5.22 5.00 0.898 times
25 Mon Jul 2022 4.98 4.70 4.98 4.52 2.712 times
22 Fri Jul 2022 4.75 4.78 4.78 4.34 1.656 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 4.1 as stoploss in an intra day buy trade for a target of 4.57. However, stock will show a bearish move below 4.1.

Share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Target 3.48
Downside Target 4.10
Downside Target 4.31
Upside Target 4.52
Upside Target 4.66
Upside Target 4.76
Upside Target 5.20
Upside Target 5.48
Upside Target 5.74
Upside Target 6.98
Upside Target 7.29

Intraday share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Intraday Target 4.24
Downside Intraday Target 4.16
Upside Intraday Target 4.46
Upside Intraday Target 4.6
Upside Intraday Target 4.38

Weekly technical analysis of Rnbowdenim (Rnbowdenim)

Date Weekly Closing Price Open High Low Volume
29 Mon Aug 2022 4.31 4.53 4.53 4.31 24.818 times
22 Mon Aug 2022 4.53 4.53 4.53 4.53 0.239 times
16 Tue Aug 2022 4.76 5.20 5.20 4.76 0.129 times
01 Mon Aug 2022 5.27 5.48 5.48 5.27 0.041 times
28 Thu Jul 2022 5.54 4.70 5.74 4.52 1.448 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rnbowdenim (Rnbowdenim)

Date Monthly Closing Price Open High Low Volume
29 Mon Aug 2022 4.31 5.48 5.48 4.31 0.035 times
28 Thu Jul 2022 5.54 4.04 5.74 3.48 1.794 times
30 Thu Jun 2022 3.85 4.56 4.66 3.48 0.419 times
31 Tue May 2022 4.56 6.66 6.98 4.10 0.763 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 30, 37, 10 Sell
MACD 0, 0Sell
Stochastics 21Sell
CCI -114Sell
RSI 51Buy
OBV 55484Sell
VWAP 5Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 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 but the sell signal is initial and weak.

Rnbowdenim Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 5.16 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 has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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