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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 2022-11-22 View latest technical analysis

10 day averaged volume of Rnbowdenim is 8183

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 2.95 3.05 3.24 2.94 1.273 times
21 Mon Nov 2022 3.09 3.09 3.09 3.08 1.256 times
18 Fri Nov 2022 2.95 2.94 2.95 2.67 1.427 times
17 Thu Nov 2022 2.81 2.95 3.08 2.81 1.068 times
16 Wed Nov 2022 2.95 3.05 3.21 2.95 1.919 times
15 Tue Nov 2022 3.10 3.12 3.37 3.10 1.229 times
14 Mon Nov 2022 3.26 3.45 3.45 3.21 0.775 times
11 Fri Nov 2022 3.37 3.50 3.70 3.37 0.751 times
10 Thu Nov 2022 3.54 3.45 3.75 3.42 0.812 times
09 Wed Nov 2022 3.60 3.60 3.80 3.55 0.151 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.1, but if it comes above 3.1, then a intra day buy could be more profitable.
If you take a sell trade below 3.1, then use 3.1 as stoploss and 2.6 as target. However if you take a buy trade in stock , then use 3.1 as stoploss and 3.53 as target.

Share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Target 2.67
Downside Target 2.94
Upside Target 3.24
Upside Target 3.37
Upside Target 3.45
Upside Target 3.55
Upside Target 3.71
Upside Target 3.87
Upside Target 3.95
Upside Target 4.17
Upside Target 4.25
Upside Target 4.31
Upside Target 4.70
Upside Target 5.48
Upside Target 5.74

Intraday share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Intraday Target 2.85
Downside Intraday Target 2.74
Upside Intraday Target 3.15
Upside Intraday Target 3.34
Upside Intraday Target 3.04

Weekly technical analysis of Rnbowdenim (Rnbowdenim)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 2.95 3.09 3.24 2.94 0.394 times
18 Fri Nov 2022 2.95 3.45 3.45 2.67 2.76 times
11 Fri Nov 2022 3.37 3.65 3.87 3.37 0.694 times
04 Fri Nov 2022 3.70 3.75 4.25 3.55 171.231 times
24 Mon Oct 2022 3.90 3.75 3.95 3.75 0.05 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
22 Tue Nov 2022 2.95 3.55 4.25 2.67 21.115 times
31 Mon Oct 2022 3.71 3.80 4.17 3.71 0.102 times
26 Mon Sep 2022 3.99 4.10 4.70 3.37 20.103 times
29 Mon Aug 2022 4.31 5.48 5.48 4.31 0.035 times

Scroll below to view daily charts

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

Indicators analysis of Rnbowdenim (Rnbowdenim)

Indicator Name Indicator Value Indicator Signal
ADX 25, 32, 13 Sell
MACD -1, -1Sell
Stochastics 27Sell
CCI -49Sell
RSI 55Buy
OBV -71033Sell
VWAP 3Sell
ADL 0Sell
ROC -19Sell
Force Index 0Sell

Price action analysis of Rnbowdenim ( (Rnbowdenim) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

Rnbowdenim Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 BUY signal in short term and the buying is gaining 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 3.08 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.

Click here for Rnbowdenim charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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