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(RajTube) Raj Tube complete technical analysis [charts+indicators] | Buy/Sell Raj Tube | (RajTube) share price targets

Complete technical analysis of Raj Tube (RajTube) by charts plus indicators, forecast predictions and share price targets for Raj Tube (RajTube)

10 day averaged volume of Raj Tube is 2530

Date Daily Closing Price Open High Low Volume
07 Tue May 2024 34.06 33.64 35.00 33.64 0.328 times
06 Mon May 2024 33.64 35.10 35.10 33.29 0.998 times
03 Fri May 2024 35.04 36.36 38.00 35.00 3.453 times
02 Thu May 2024 36.36 37.95 38.06 35.05 2.001 times
30 Tue Apr 2024 36.25 35.00 36.75 35.00 0.269 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 34.8, but if it comes above 34.8, then a intra day buy could be more profitable.
If you take a sell trade below 34.8, then use 34.8 as stoploss and 33.5 as target. However if you take a buy trade in stock , then use 34.8 as stoploss and 35.84 as target.

Share price targets for Raj Tube (RajTube)

Target Type Value
Downside Target 28.93
Downside Target 30.45
Downside Target 32.87
Upside Target 34.65
Upside Target 38.00
Upside Target 38.06
Upside Target 38.10
Upside Target 38.45
Upside Target 42.06
Upside Target 43.64
Upside Target 51.17

Intraday share price targets for Raj Tube (RajTube)

Target Type Value
Downside Intraday Target 33.2
Downside Intraday Target 32.34
Upside Intraday Target 35.01
Upside Intraday Target 35.96
Upside Intraday Target 34.15

Weekly technical analysis of Raj Tube (RajTube)

Date Weekly Closing Price Open High Low Volume
07 Tue May 2024 34.06 35.10 35.10 33.29 0.218 times
03 Fri May 2024 35.04 36.49 38.06 34.67 1.883 times
26 Fri Apr 2024 36.49 36.10 38.10 32.87 1.677 times
19 Fri Apr 2024 36.18 36.00 38.00 33.46 0.8 times
12 Fri Apr 2024 37.70 35.60 38.45 34.87 0.276 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 Raj Tube (RajTube)

Date Monthly Closing Price Open High Low Volume
07 Tue May 2024 34.06 37.95 38.06 33.29 0.4 times
30 Tue Apr 2024 36.25 28.95 38.45 28.93 5.04 times
28 Thu Mar 2024 30.45 43.64 43.64 30.45 0.059 times
29 Thu Feb 2024 43.64 39.00 51.17 34.65 1.138 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 Raj Tube (RajTube)

Indicator Name Indicator Value Indicator Signal
ADX 20, 21, 4 Sell
MACD -1, -1Sell
Stochastics 26Sell
CCI -124Buy
RSI 50Sell
OBV 5880Sell
VWAP 35Sell
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Raj Tube ( (RajTube) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Tube ( (RajTube) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Tube ( (RajTube) ) based on a short to mid term time period is

Price action analysis of Raj Tube ( (RajTube) ) 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 Raj Tube stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Raj Tube in short term and the sell signal is strong.

Raj Tube 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 moving up

CCI has generated a buy signal for Raj Tube 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 positive zone. This is a BUY zone

Stock of Raj Tube is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 35.49 and Raj Tube (RajTube) 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 Raj Tube (RajTube) stock. Volume based technical analysis of Raj Tube (RajTube) stock is negative.

Raj Tube 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 Raj Tube charts

Click here for further forecast and predictions for tomorrow

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