(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 2022-11-24 View latest technical analysis
10 day averaged volume of Rnbowdenim is 8945
|Date||Daily Closing Price||Open||High||Low||Volume|
|24 Thu Nov 2022||3.19||3.23||3.23||2.95||0.998 times|
|23 Wed Nov 2022||3.09||3.05||3.09||2.94||0.385 times|
|22 Tue Nov 2022||2.95||3.05||3.24||2.94||1.164 times|
|21 Mon Nov 2022||3.09||3.09||3.09||3.08||1.149 times|
|18 Fri Nov 2022||2.95||2.94||2.95||2.67||1.305 times|
|17 Thu Nov 2022||2.81||2.95||3.08||2.81||0.977 times|
|16 Wed Nov 2022||2.95||3.05||3.21||2.95||1.756 times|
|15 Tue Nov 2022||3.10||3.12||3.37||3.10||1.125 times|
|14 Mon Nov 2022||3.26||3.45||3.45||3.21||0.709 times|
|11 Fri Nov 2022||3.37||3.50||3.70||3.37||0.687 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 3 as stoploss in an intra day buy trade for a target of 3.44. However, stock will show a bearish move below 3.
Share price targets for Rnbowdenim (Rnbowdenim)
Intraday share price targets for Rnbowdenim (Rnbowdenim)
|Downside Intraday Target||3.01|
|Downside Intraday Target||2.82|
|Upside Intraday Target||3.31|
|Upside Intraday Target||3.42|
|Downside Intraday Target||3.12|
Weekly technical analysis of Rnbowdenim (Rnbowdenim)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|24 Thu Nov 2022||3.19||3.09||3.24||2.94||0.63 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 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|
|24 Thu Nov 2022||3.19||3.55||4.25||2.67||23.305 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||26, 26, 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 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 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 BUY signal for Rnbowdenim in short term but the buy signal is initial and weak.
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 below 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 BUY signal in short term but buying 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 3.05 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.