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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 2023-01-25 View latest technical analysis

10 day averaged volume of Rnbowdenim is 1208

Date Daily Closing Price Open High Low Volume
25 Wed Jan 2023 3.16 3.43 3.46 3.16 2.086 times
24 Tue Jan 2023 3.30 3.15 3.30 3.10 0.038 times
23 Mon Jan 2023 3.15 3.41 3.41 3.13 1.3 times
20 Fri Jan 2023 3.29 3.14 3.29 3.03 0.895 times
19 Thu Jan 2023 3.14 3.26 3.26 3.14 0.365 times
18 Wed Jan 2023 3.26 3.46 3.50 3.25 1.368 times
17 Tue Jan 2023 3.35 3.44 3.45 3.22 0.516 times
16 Mon Jan 2023 3.29 3.60 3.60 3.29 4.034 times
13 Fri Jan 2023 3.46 3.46 3.46 3.40 0.167 times
12 Thu Jan 2023 3.30 3.46 3.46 3.30 0.501 times

Stock of Rnbowdenim (Rnbowdenim) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 3.2, but if it comes above 3.2, then a intra day buy could be more profitable.
If you take a sell trade below 3.2, then use 3.2 as stoploss and 3 as target. However if you take a buy trade in stock , then use 3.2 as stoploss and 3.38 as target.

Share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Target 2.67
Downside Target 3.03
Downside Target 3.10
Upside Target 3.26
Upside Target 3.37
Upside Target 3.46
Upside Target 3.60
Upside Target 3.71
Upside Target 3.79
Upside Target 3.93
Upside Target 4.17
Upside Target 4.25
Upside Target 4.70

Intraday share price targets for Rnbowdenim (Rnbowdenim)

Target Type Value
Downside Intraday Target 3.02
Downside Intraday Target 2.88
Upside Intraday Target 3.38
Upside Intraday Target 3.6
Upside Intraday Target 3.24

Weekly technical analysis of Rnbowdenim (Rnbowdenim)

Date Weekly Closing Price Open High Low Volume
25 Wed Jan 2023 3.16 3.41 3.46 3.10 0.477 times
20 Fri Jan 2023 3.29 3.60 3.60 3.03 4.263 times
13 Fri Jan 2023 3.46 3.76 3.76 3.26 0.364 times
06 Fri Jan 2023 3.59 3.40 3.79 3.29 1.409 times
30 Fri Dec 2022 3.45 3.25 3.62 3.14 0.211 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
25 Wed Jan 2023 3.16 3.40 3.79 3.03 0.309 times
30 Fri Dec 2022 3.45 3.58 3.93 3.14 0.392 times
30 Wed Nov 2022 3.42 3.55 4.25 2.67 29.911 times
31 Mon Oct 2022 3.71 3.80 4.17 3.71 0.102 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 23, 19, 9 Buy
MACD -0, -0Sell
Stochastics 30None
CCI -33Buy
RSI 47Sell
OBV -4127Sell
VWAP 3Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Rnbowdenim ( (Rnbowdenim) ) based on a short term time period is

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 BUY. 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 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Rnbowdenim in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 3.25 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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