Login or Join
 Learn then Earn

(SunrajDiam) Sunraj Diam complete technical analysis [charts+indicators] | Buy/Sell Sunraj Diam | (SunrajDiam) share price targets

Complete technical analysis of Sunraj Diam (SunrajDiam) by charts plus indicators, forecast predictions and share price targets for Sunraj Diam (SunrajDiam)

10 day averaged volume of Sunraj Diam is 3068

Date Daily Closing Price Open High Low Volume
08 Wed May 2024 9.34 9.34 9.34 9.34 0.165 times
07 Tue May 2024 9.83 10.45 10.45 9.83 0.232 times
06 Mon May 2024 10.34 10.66 10.66 10.34 0.068 times
03 Fri May 2024 10.88 10.65 11.21 10.65 0.955 times
02 Thu May 2024 11.21 11.79 11.79 11.21 0.339 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 8.7 as stoploss in an intra day buy trade for a target of 10.04. However, stock will show a bearish move below 8.7.

Share price targets for Sunraj Diam (SunrajDiam)

Target Type Value
Downside Target 6.65
Downside Target 7.04
Downside Target 7.60
Downside Target 8.53
Downside Target 8.95
Downside Target 9.34
Upside Target 10.16
Upside Target 10.65
Upside Target 10.66
Upside Target 11.66
Upside Target 11.79
Upside Target 12.36
Upside Target 12.50

Intraday share price targets for Sunraj Diam (SunrajDiam)

Target Type Value
Downside Intraday Target 8.9
Downside Intraday Target 8.46
Upside Intraday Target 10.22
Upside Intraday Target 11.1
Upside Intraday Target 9.78

Weekly technical analysis of Sunraj Diam (SunrajDiam)

Date Weekly Closing Price Open High Low Volume
08 Wed May 2024 9.34 10.66 10.66 9.34 0.06 times
03 Fri May 2024 10.88 11.89 12.50 10.65 1.491 times
26 Fri Apr 2024 11.66 10.85 11.66 10.16 0.876 times
19 Fri Apr 2024 10.34 8.95 10.34 8.95 2.696 times
12 Fri Apr 2024 8.53 7.04 8.53 7.04 1.772 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 Sunraj Diam (SunrajDiam)

Date Monthly Closing Price Open High Low Volume
08 Wed May 2024 9.34 11.79 11.79 9.34 0.083 times
30 Tue Apr 2024 11.79 8.63 12.50 7.04 1.009 times
28 Thu Mar 2024 8.63 9.03 12.36 8.60 1.23 times
29 Thu Feb 2024 9.03 8.16 9.39 7.60 0.39 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 Sunraj Diam (SunrajDiam)

Indicator Name Indicator Value Indicator Signal
ADX 33, 42, 12 Sell
MACD 1, 1Sell
Stochastics 3Sell
CCI -156Sell
RSI 51Buy
OBV 25743Sell
VWAP 12Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Sunraj Diam ( (SunrajDiam) ) 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 Sunraj Diam ( (SunrajDiam) ) 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 Sunraj Diam ( (SunrajDiam) ) based on a short to mid term time period is

Price action analysis of Sunraj Diam ( (SunrajDiam) ) 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 Sunraj Diam stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Sunraj Diam in short term but the sell signal is initial and weak.

Sunraj Diam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Sunraj Diam in short term and SELL 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 Sunraj Diam is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.57 and Sunraj Diam (SunrajDiam) 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 Sunraj Diam (SunrajDiam) stock. Volume based technical analysis of Sunraj Diam (SunrajDiam) stock is negative.

Sunraj Diam 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 Sunraj Diam charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme