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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 2814

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 32.21 34.50 34.50 32.21 2.261 times
15 Wed May 2024 33.90 36.00 36.00 33.90 0.062 times
14 Tue May 2024 34.50 33.68 34.65 33.02 0.402 times
13 Mon May 2024 33.02 35.10 35.10 33.00 0.455 times
10 Fri May 2024 33.50 35.25 35.25 33.49 2.17 times

Stock of Raj Tube (RajTube) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 32.1, for a target of 33.6 or 34.92

Share price targets for Raj Tube (RajTube)

Target Type Value
Downside Target 28.93
Downside Target 30.45
Downside Target 32.21
Upside Target 32.87
Upside Target 34.65
Upside Target 35.50
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 30.95
Downside Intraday Target 29.68
Upside Intraday Target 34.74
Upside Intraday Target 37.26
Upside Intraday Target 33.47

Weekly technical analysis of Raj Tube (RajTube)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 32.21 35.10 36.00 32.21 0.856 times
10 Fri May 2024 33.50 35.10 35.50 33.00 0.678 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

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
16 Thu May 2024 32.21 37.95 38.06 32.21 0.774 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 17, 22, 13 Sell
MACD -1, -1Sell
Stochastics 16Sell
CCI -175Sell
RSI 52Buy
OBV -13913Sell
VWAP 34Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Raj Tube ( (RajTube) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Raj Tube ( (RajTube) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Raj Tube ( (RajTube) ) 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 Raj Tube ( (RajTube) ) 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 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 coming down

CCI has generated a SELL signal for Raj Tube 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.77 and Raj Tube (RajTube) 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 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 positive

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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