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(RolconEngg) Rolcon Engg complete technical analysis [charts+indicators] | Buy/Sell Rolcon Engg | (RolconEngg) share price targets

Complete technical analysis of Rolcon Engg (RolconEngg) by charts plus indicators, forecast predictions and share price targets for Rolcon Engg (RolconEngg)

10 day averaged volume of Rolcon Engg is 270

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 701.40 701.40 701.40 701.40 0.741 times
16 Thu May 2024 701.40 701.40 701.40 701.00 2.037 times
10 Fri May 2024 668.00 668.00 668.00 668.00 0.37 times
09 Thu May 2024 637.40 637.40 637.40 637.40 0.185 times
08 Wed May 2024 607.05 639.00 639.00 607.05 0.926 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 687.2, but if it comes below 687.2, then a intra day sell could be more profitable.
If you take a sell trade below 687.2, then use 687.2 as stoploss and 639.7 as target. However if you take a buy trade in stock , then use 687.2 as stoploss and 744.2 as target.

Share price targets for Rolcon Engg (RolconEngg)

Target Type Value
Downside Target 526.50
Downside Target 551.55
Downside Target 595.00
Downside Target 629.90
Downside Target 661.00
Downside Target 691.20
Downside Target 701.00
Downside Target 701.40
Upside Target 727.00
Upside Target 740.00
Upside Target 877.05

Intraday share price targets for Rolcon Engg (RolconEngg)

Target Type Value
Downside Intraday Target 701.13
Downside Intraday Target 700.87
Upside Intraday Target 701.53
Upside Intraday Target 701.67
Downside Intraday Target 701.27

Weekly technical analysis of Rolcon Engg (RolconEngg)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 701.40 701.40 701.40 701.00 1.25 times
10 Fri May 2024 668.00 639.00 668.00 607.05 0.444 times
03 Fri May 2024 609.20 691.20 691.20 609.20 1.286 times
26 Fri Apr 2024 727.00 661.00 727.00 661.00 0.955 times
19 Fri Apr 2024 629.90 599.95 629.90 599.95 7.333 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 Rolcon Engg (RolconEngg)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 701.40 650.00 701.40 607.05 0.418 times
30 Tue Apr 2024 675.00 580.40 727.00 551.55 1.25 times
22 Fri Mar 2024 552.80 733.15 740.00 526.50 0.458 times
29 Thu Feb 2024 767.65 595.00 877.05 595.00 3.429 times

Price has moved up 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 Rolcon Engg (RolconEngg)

Indicator Name Indicator Value Indicator Signal
ADX 49, 30, 24 Buy
MACD 17, 8Buy
Stochastics 76Buy
CCI 99Buy
RSI 50Buy
OBV 5000Sell
VWAP 659Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Rolcon Engg ( (RolconEngg) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rolcon Engg ( (RolconEngg) ) 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 Rolcon Engg ( (RolconEngg) ) 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 Rolcon Engg ( (RolconEngg) ) based on a mid to longer term time period is

ADX buy sell signal for Rolcon Engg stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Rolcon Engg 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.

Rolcon Engg Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 buy signal for Rolcon Engg 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rolcon Engg is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 658.72 and Rolcon Engg (RolconEngg) 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 Rolcon Engg (RolconEngg) stock. Volume based technical analysis of Rolcon Engg (RolconEngg) stock is negative.

Rolcon Engg 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.

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