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

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

Raymond trades in NSE in Textiles sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Raymond is 158138

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2295.60	2218.60	2320.00	2205.05	1.796 times
05 Wed Jun 2024	2161.80	2146.05	2172.10	2028.40	0.871 times
04 Tue Jun 2024	2153.20	2260.00	2260.00	1889.85	1.978 times
03 Mon Jun 2024	2263.15	2280.00	2296.50	2235.50	1.144 times
31 Fri May 2024	2210.20	2202.85	2241.85	2171.60	1.547 times
30 Thu May 2024	2173.70	2181.65	2197.15	2163.25	0.315 times
29 Wed May 2024	2196.75	2180.00	2207.85	2140.55	0.713 times
28 Tue May 2024	2184.85	2170.00	2208.40	2151.10	1.193 times
27 Mon May 2024	2175.80	2226.45	2230.00	2170.00	0.867 times
24 Fri May 2024	2226.45	2252.65	2270.00	2215.00	0.841 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 2309, for a target of 2248.2 or 2197.58

Share price targets for Raymond (RAYMOND)

Target Type	Value
Downside Target	1590.00
Downside Target	1669.90
Downside Target	1810.05
Downside Target	1868.00
Downside Target	1943.90
Downside Target	2053.00
Downside Target	2136.35
Downside Target	2205.00
Downside Target	2241.85
Downside Target	2274.00
Downside Target	2278.00
Upside Target	2320.00
Upside Target	2333.00

Intraday share price targets for Raymond (RAYMOND)

Target Type	Value
Downside Intraday Target	2016.97
Downside Intraday Target	1738.33
Upside Intraday Target	2447.12
Upside Intraday Target	2598.63
Downside Intraday Target	2168.48

Weekly technical analysis of Raymond (RAYMOND)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2295.60	2280.00	2320.00	1889.85	1.249 times
31 Fri May 2024	2210.20	2226.45	2241.85	2140.55	1.388 times
24 Fri May 2024	2226.45	2248.60	2278.00	2205.00	0.508 times
18 Sat May 2024	2235.70	2150.00	2274.00	2082.00	0.645 times
10 Fri May 2024	2149.95	2220.00	2227.00	2053.00	0.335 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 Raymond (RAYMOND)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	2295.60	2280.00	2320.00	1889.85	0.125 times
31 Fri May 2024	2210.20	2123.70	2333.00	2053.00	1.153 times
30 Tue Apr 2024	2103.35	1824.70	2136.35	1810.05	2.217 times
28 Thu Mar 2024	1808.30	1842.00	1868.00	1590.00	0.354 times

Scroll below to view daily charts

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 Raymond (RAYMOND)

Price action analysis of Raymond ( (RAYMOND) ) 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 Raymond ( (RAYMOND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raymond ( (RAYMOND) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Raymond ( (RAYMOND) ) 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 Raymond stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

Raymond Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Raymond in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2209.45 and Raymond (RAYMOND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Raymond (RAYMOND) stock. Volume based technical analysis of Raymond (RAYMOND) stock is negative.

Raymond Stock is giving positive 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.