(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)
10 day averaged volume of Raj Rayon is 18349
Date | Daily Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 28.00 | 29.10 | 29.10 | 28.00 | 1.913 times |
29 Wed Nov 2023 | 28.55 | 29.00 | 29.00 | 28.55 | 0.839 times |
28 Tue Nov 2023 | 29.10 | 30.25 | 30.25 | 29.10 | 0.838 times |
24 Fri Nov 2023 | 29.70 | 30.30 | 30.90 | 29.70 | 1.193 times |
23 Thu Nov 2023 | 30.30 | 31.50 | 31.50 | 30.30 | 0.494 times |
22 Wed Nov 2023 | 30.90 | 32.10 | 32.10 | 30.90 | 0.492 times |
21 Tue Nov 2023 | 31.50 | 32.15 | 32.50 | 31.50 | 1.155 times |
20 Mon Nov 2023 | 32.15 | 33.40 | 33.40 | 32.10 | 0.945 times |
17 Fri Nov 2023 | 32.75 | 32.75 | 32.75 | 32.15 | 2.375 times |
16 Thu Nov 2023 | 32.15 | 31.70 | 32.30 | 31.70 | 0.771 times |
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 27.7, for a target of 29.3 or 30.53
Share price targets for Raj Rayon (RAJRILTD_BE)
Target Type | Value |
Downside Target | 28.00 |
Upside Target | 29.00 |
Upside Target | 29.60 |
Upside Target | 31.15 |
Upside Target | 32.15 |
Upside Target | 38.35 |
Upside Target | 40.00 |
Upside Target | 42.65 |
Upside Target | 42.75 |
Upside Target | 45.95 |
Upside Target | 53.00 |
Upside Target | 70.80 |
Intraday share price targets for Raj Rayon (RAJRILTD_BE)
Target Type | Value |
Downside Intraday Target | 27.25 |
Downside Intraday Target | 26.5 |
Upside Intraday Target | 29.5 |
Upside Intraday Target | 31 |
Upside Intraday Target | 28.75 |
Weekly technical analysis of Raj Rayon (RAJRILTD_BE)
Date | Weekly Closing Price | Open | High | Low | Volume |
30 Thu Nov 2023 | 28.00 | 30.25 | 30.25 | 28.00 | 0.839 times |
24 Fri Nov 2023 | 29.70 | 33.40 | 33.40 | 29.70 | 0.53 times |
17 Fri Nov 2023 | 32.75 | 31.75 | 32.75 | 31.30 | 1.56 times |
10 Fri Nov 2023 | 31.15 | 29.60 | 31.15 | 29.60 | 2.065 times |
03 Fri Nov 2023 | 29.50 | 32.15 | 32.15 | 29.00 | 1.877 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 |
30 Thu Nov 2023 | 28.00 | 30.50 | 33.40 | 28.00 | 2.295 times |
31 Tue Oct 2023 | 30.45 | 40.00 | 40.00 | 30.35 | 0.723 times |
29 Fri Sep 2023 | 39.65 | 41.90 | 42.65 | 38.35 | 0.513 times |
31 Thu Aug 2023 | 42.75 | 45.05 | 53.00 | 42.75 | 7.943 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 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 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 Rayon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Rayon in short term and the sell signal is strong.
Raj Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 30.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 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 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 Rayon stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Rayon in short term and the sell signal is strong.
Raj Rayon Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 30.58 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 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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