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

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

10 day averaged volume of Rajrayon is 16933

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 23.04 23.50 23.73 23.00 0.863 times
29 Mon Apr 2024 23.27 23.00 23.35 22.50 1.281 times
26 Fri Apr 2024 22.90 22.62 23.05 22.17 0.917 times
25 Thu Apr 2024 22.62 23.50 23.54 22.62 1.113 times
24 Wed Apr 2024 23.08 23.00 23.08 22.55 0.376 times

My analysis of stock is bullish for shortterm, and stock might move up till 23.6 or till 24.4. Use a stoploss of 22.92 and if this stock hits its stoploss, then it can fall down till 22.25

Share price targets for Rajrayon (Rajrayon)

Target Type Value
Downside Target 15.05
Downside Target 19.02
Downside Target 21.27
Downside Target 21.73
Downside Target 22.17
Upside Target 23.54
Upside Target 23.73
Upside Target 24.88
Upside Target 27.74
Upside Target 28.18
Upside Target 31.08

Intraday share price targets for Rajrayon (Rajrayon)

Target Type Value
Downside Intraday Target 22.45
Downside Intraday Target 21.86
Upside Intraday Target 23.68
Upside Intraday Target 24.32
Upside Intraday Target 23.09

Weekly technical analysis of Rajrayon (Rajrayon)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 23.04 23.00 23.73 22.50 0.436 times
26 Fri Apr 2024 22.90 22.17 23.54 21.73 1.408 times
19 Fri Apr 2024 22.17 23.46 23.46 22.17 0.397 times
12 Fri Apr 2024 23.93 23.48 24.88 22.56 0.511 times
05 Fri Apr 2024 23.02 22.14 23.02 21.27 3.944 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 Rajrayon (Rajrayon)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 23.04 22.14 24.88 21.27 0.94 times
28 Thu Mar 2024 22.59 28.73 31.08 22.59 0.236 times
29 Thu Feb 2024 28.18 19.02 28.18 19.02 4.117 times
31 Wed Jan 2024 18.65 19.10 19.10 15.05 0.611 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 Rajrayon (Rajrayon)

Indicator Name Indicator Value Indicator Signal
ADX 29, 26, 5 Buy
MACD -1, -1Buy
Stochastics 63None
CCI 117Buy
RSI 49Sell
OBV 339509Sell
VWAP 23Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Rajrayon ( (Rajrayon) ) based on a short 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 Rajrayon ( (Rajrayon) ) based on a short 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 Rajrayon ( (Rajrayon) ) 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 Rajrayon ( (Rajrayon) ) 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 Rajrayon stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rajrayon in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rajrayon Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Rajrayon in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Rajrayon is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.73 and Rajrayon (Rajrayon) 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 Rajrayon (Rajrayon) stock. Volume based technical analysis of Rajrayon (Rajrayon) stock is negative.

Rajrayon 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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