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 2024-09-16 View latest technical analysis

10 day averaged volume of Raj Rayon is 80408

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	25.00	25.01	25.50	25.00	0.552 times
13 Fri Sep 2024	25.52	25.52	25.95	25.52	0.569 times
12 Thu Sep 2024	26.05	26.05	26.59	26.05	0.12 times
11 Wed Sep 2024	26.59	26.59	27.25	26.59	1.179 times
10 Tue Sep 2024	27.14	27.14	27.14	27.14	0.262 times
09 Mon Sep 2024	27.70	28.74	28.74	27.61	1.019 times
06 Fri Sep 2024	28.18	28.25	28.32	27.21	2.453 times
05 Thu Sep 2024	27.77	27.78	27.78	27.55	0.98 times
04 Wed Sep 2024	27.24	27.24	27.24	26.17	1.438 times
03 Tue Sep 2024	26.71	26.71	26.71	26.71	1.355 times

My analysis of stock is bearish for shortterm, and stock might move down till 24.1 or till 22.3. Use a stoploss of 25.64 and if the stock hits stoploss, then it can shoot up till 27.15

Share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Target	19.70
Downside Target	20.50
Downside Target	21.66
Downside Target	22.25
Downside Target	23.50
Downside Target	24.23
Downside Target	25.00
Upside Target	25.50
Upside Target	25.68
Upside Target	26.17
Upside Target	28.32
Upside Target	28.74

Intraday share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Intraday Target	24.83
Downside Intraday Target	24.67
Upside Intraday Target	25.33
Upside Intraday Target	25.67
Upside Intraday Target	25.17

Weekly technical analysis of Raj Rayon (RAJRILTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	25.00	25.01	25.50	25.00	0.175 times
13 Fri Sep 2024	25.52	28.74	28.74	25.52	0.459 times
06 Fri Sep 2024	28.18	26.19	28.32	26.17	1.127 times
30 Fri Aug 2024	25.68	24.71	25.68	23.72	2.834 times
23 Fri Aug 2024	24.23	21.71	24.23	21.71	1.435 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 Mon Sep 2024	25.00	26.19	28.74	25.00	0.817 times
30 Fri Aug 2024	25.68	23.00	25.68	21.66	1.217 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

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 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 Rayon ( (RAJRILTD_BE) ) based on a short to mid 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 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 gaining momentum.

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

Raj Rayon 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 green color and prices are in or below 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 27.18 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.