Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Showing technical analysis as on 2024-08-16 View latest technical analysis

10 day averaged volume of Raj Rayon is 35129

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	22.09	22.79	22.79	22.05	0.716 times
14 Wed Aug 2024	22.51	22.90	22.90	22.51	0.712 times
13 Tue Aug 2024	22.97	22.99	22.99	22.71	1.182 times
12 Mon Aug 2024	22.54	21.66	22.54	21.66	0.811 times
09 Fri Aug 2024	22.10	22.32	22.70	21.87	0.725 times
08 Thu Aug 2024	22.32	22.84	22.84	22.21	0.524 times
07 Wed Aug 2024	22.56	23.14	23.14	22.40	0.766 times
06 Tue Aug 2024	22.74	22.44	23.00	22.09	1.266 times
05 Mon Aug 2024	22.55	22.80	23.10	22.34	0.979 times
02 Fri Aug 2024	22.80	23.50	23.50	22.61	1.329 times

My analysis of stock is bullish for shortterm, and stock might move up till 22.8 or till 23.9. Use a stoploss of 21.95 and if this stock hits its stoploss, then it can fall down till 21.06

Share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Target	19.70
Downside Target	21.87
Upside Target	22.25
Upside Target	22.63
Upside Target	22.99
Upside Target	23.14
Upside Target	23.50
Upside Target	24.10

Intraday share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Intraday Target	21.5
Downside Intraday Target	20.92
Upside Intraday Target	22.83
Upside Intraday Target	23.58
Upside Intraday Target	22.25

Weekly technical analysis of Raj Rayon (RAJRILTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	22.09	21.66	22.99	21.66	0.803 times
09 Fri Aug 2024	22.10	22.80	23.14	21.87	0.448 times
02 Fri Aug 2024	22.80	21.76	23.50	21.05	1.818 times
26 Fri Jul 2024	21.35	20.78	21.35	20.06	1.51 times
19 Fri Jul 2024	20.48	21.14	21.29	20.30	0.709 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 Rayon (RAJRILTD_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	22.09	23.00	23.50	21.66	0.441 times
31 Wed Jul 2024	22.63	21.05	22.63	20.06	1.76 times
28 Fri Jun 2024	20.66	21.60	22.25	19.70	0.814 times
31 Fri May 2024	21.30	23.20	23.50	20.50	0.632 times

Scroll below to view daily charts

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 Rayon (RAJRILTD_BE)

Price action analysis of Raj Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Rayon ( (RAJRILTD_BE) ) 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 Raj Rayon ( (RAJRILTD_BE) ) 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 Rayon stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Raj Rayon 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Rayon 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.58 and Raj Rayon (RAJRILTD_BE) 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 Rayon (RAJRILTD_BE) stock. Volume based technical analysis of Raj Rayon (RAJRILTD_BE) stock is negative.

Raj Rayon 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.