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(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 832

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 7.15 7.15 7.15 7.15 0.024 times
17 Fri May 2024 7.30 7.49 7.50 7.30 2.316 times
16 Thu May 2024 7.56 7.56 7.56 7.56 0.601 times
15 Wed May 2024 7.95 8.05 8.05 7.95 0.909 times
14 Tue May 2024 7.97 8.18 8.36 7.96 2.76 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.1, but if it comes above 8.1, then a intra day buy could be more profitable.
If you take a sell trade below 8.1, then use 8.1 as stoploss and 6.2 as target. However if you take a buy trade in stock , then use 8.1 as stoploss and 9.72 as target.

Share price targets for Sunraj Diam (SunrajDiam)

Target Type Value
Downside Target 6.65
Downside Target 7.04
Upside Target 7.30
Upside Target 7.60
Upside Target 8.60
Upside Target 8.80
Upside Target 9.36
Upside Target 10.16
Upside Target 10.65
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 7.15
Downside Intraday Target 7.15
Downside Intraday Target 7.15
Downside Intraday Target 7.15
Upside Intraday Target 7.15

Weekly technical analysis of Sunraj Diam (SunrajDiam)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 7.15 7.15 7.15 7.15 0.003 times
17 Fri May 2024 7.30 8.80 8.80 7.30 3.199 times
10 Fri May 2024 8.80 10.66 10.66 8.80 0.085 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

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
20 Mon May 2024 7.15 11.79 11.79 7.15 0.193 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 21, 64, 52 Sell
MACD -1, -0Sell
Stochastics 0Sell
CCI -110Sell
RSI 57Buy
OBV -96Sell
VWAP 8Sell
ADL 0Sell
ROC -31Sell
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 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 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 Sunraj Diam stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Sunraj Diam Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 Sunraj Diam in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 8.14 and Sunraj Diam (SunrajDiam) 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 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.

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