(RamaPetro) Rama Petro complete technical analysis [charts+indicators] | Buy/Sell Rama Petro | (RamaPetro) share price targets
Complete technical analysis of Rama Petro (RamaPetro) by charts plus indicators, forecast predictions and share price targets for Rama Petro (RamaPetro)
10 day averaged volume of Rama Petro is 6999
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 8.22 | 8.33 | 8.45 | 8.10 | 0.542 times |
| 29 Mon Apr 2024 | 8.45 | 8.45 | 8.45 | 8.03 | 6.177 times |
| 25 Thu Apr 2024 | 8.45 | 7.65 | 8.45 | 7.65 | 1.148 times |
| 24 Wed Apr 2024 | 8.05 | 8.05 | 8.05 | 8.05 | 0.593 times |
| 23 Tue Apr 2024 | 7.67 | 7.67 | 7.67 | 7.67 | 0.393 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.6, but if it comes below 7.6, then a intra day sell could be more profitable.
If you take a sell trade below 7.6, then use 7.6 as stoploss and 6.29 as target. However if you take a buy trade in stock , then use 7.6 as stoploss and 9.1 as target.
Share price targets for Rama Petro (RamaPetro)
| Target Type | Value |
| Downside Target | 4.75 |
| Downside Target | 5.13 |
| Downside Target | 5.75 |
| Downside Target | 5.97 |
| Downside Target | 6.28 |
| Downside Target | 6.95 |
| Downside Target | 7.31 |
| Downside Target | 7.73 |
| Downside Target | 8.03 |
| Upside Target | 8.45 |
Intraday share price targets for Rama Petro (RamaPetro)
| Target Type | Value |
| Downside Intraday Target | 8.06 |
| Downside Intraday Target | 7.91 |
| Upside Intraday Target | 8.41 |
| Upside Intraday Target | 8.61 |
| Upside Intraday Target | 8.26 |
Weekly technical analysis of Rama Petro (RamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 8.22 | 8.33 | 8.45 | 8.10 | 0.088 times |
| 29 Mon Apr 2024 | 8.45 | 8.45 | 8.45 | 8.03 | 2.203 times |
| 25 Thu Apr 2024 | 8.45 | 7.31 | 8.45 | 7.31 | 5.882 times |
| 19 Fri Apr 2024 | 6.97 | 6.03 | 6.97 | 6.03 | 0.297 times |
| 12 Fri Apr 2024 | 5.75 | 4.75 | 5.75 | 4.75 | 0.826 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 Rama Petro (RamaPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 06 Mon May 2024 | 8.22 | 8.33 | 8.45 | 8.10 | 0.042 times |
| 29 Mon Apr 2024 | 8.45 | 5.13 | 8.45 | 4.75 | 159.143 times |
| 28 Thu Mar 2024 | 5.13 | 5.97 | 5.97 | 5.13 | 0.404 times |
| 26 Mon Feb 2024 | 6.28 | 6.95 | 6.95 | 6.28 | 0.074 times |
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 Rama Petro (RamaPetro)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 53, 19, 46 | Buy |
| MACD | 1, 1 | Buy |
| Stochastics | 97 | Buy |
| CCI | 82 | Sell |
| RSI | 57 | Buy |
| OBV | 30305 | Sell |
| VWAP | 8 | Sell |
| ADL | 0 | Sell |
| ROC | 43 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Rama Petro ( (RamaPetro) ) based on a short term time period is
Price action analysis of Rama Petro ( (RamaPetro) ) based on a short term time period is
Price action analysis of Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) 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 Rama Petro stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Rama Petro in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rama Petro Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 Rama Petro in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Rama Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 8.22 and Rama Petro (RamaPetro) 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 Rama Petro (RamaPetro) stock. Volume based technical analysis of Rama Petro (RamaPetro) stock is negative.
Rama Petro Stock is giving positive 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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