(RCOM_BE) Reliance Communications complete technical analysis [charts+indicators] | Buy/Sell Reliance Communications | (RCOM_BE) share price targets
Complete technical analysis of Reliance Communications (RCOM_BE) by charts plus indicators, forecast predictions and share price targets for Reliance Communications (RCOM_BE)
10 day averaged volume of Reliance Communications is 3031168
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2.20 | 2.20 | 2.25 | 2.15 | 0.88 times |
| 11 Thu Aug 2022 | 2.20 | 2.20 | 2.25 | 2.20 | 0.86 times |
| 10 Wed Aug 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 1.07 times |
| 08 Mon Aug 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 0.865 times |
| 05 Fri Aug 2022 | 2.20 | 2.20 | 2.25 | 2.15 | 1.003 times |
| 04 Thu Aug 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 1.425 times |
| 03 Wed Aug 2022 | 2.20 | 2.25 | 2.25 | 2.20 | 0.732 times |
| 02 Tue Aug 2022 | 2.25 | 2.25 | 2.25 | 2.20 | 1.15 times |
| 01 Mon Aug 2022 | 2.20 | 2.20 | 2.25 | 2.15 | 1.386 times |
| 30 Sat Jul 2022 | 2.20 | 2.15 | 2.20 | 2.15 | 0.999 times |
Share price targets for Reliance Communications (RCOM_BE)
| Target Type | Value |
| Downside Target | 2.10 |
| Downside Target | 2.15 |
| Upside Target | 2.25 |
| Upside Target | 2.45 |
| Upside Target | 2.60 |
| Upside Target | 2.65 |
| Upside Target | 2.70 |
| Upside Target | 3.20 |
Intraday share price targets for Reliance Communications (RCOM_BE)
| Target Type | Value |
| Downside Intraday Target | 2.15 |
| Downside Intraday Target | 2.1 |
| Upside Intraday Target | 2.25 |
| Upside Intraday Target | 2.3 |
| Downside Intraday Target | 2.2 |
Weekly technical analysis of Reliance Communications (RCOM_BE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 0.645 times |
| 05 Fri Aug 2022 | 2.20 | 2.20 | 2.25 | 2.15 | 1.306 times |
| 30 Sat Jul 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 1.2 times |
| 22 Fri Jul 2022 | 2.25 | 2.15 | 2.25 | 2.15 | 1.094 times |
| 15 Fri Jul 2022 | 2.15 | 2.25 | 2.25 | 2.15 | 1.107 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 Reliance Communications (RCOM_BE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 2.20 | 2.20 | 2.25 | 2.15 | 0.637 times |
| 30 Sat Jul 2022 | 2.20 | 2.25 | 2.25 | 2.15 | 0.89 times |
| 30 Thu Jun 2022 | 2.25 | 2.60 | 2.60 | 2.10 | 4.463 times |
| 31 Tue May 2022 | 2.55 | 2.65 | 2.65 | 2.45 | 0.144 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 Reliance Communications (RCOM_BE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 50, 50, 0 | Sell |
| MACD | -0, -0 | Buy |
| Stochastics | 50 | None |
| CCI | -32 | Sell |
| RSI | 56 | Buy |
| OBV | -1077100 | Sell |
| VWAP | 2 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short term time period is
Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short term time period is
Price action analysis of Reliance Communications ( (RCOM_BE) ) based on a short to mid term time period is
Price action analysis of Reliance Communications ( (RCOM_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 Reliance Communications stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Reliance Communications in short term but the buy signal is initial and weak.
Reliance Communications 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.
Ichimoku cloud is of red color Prices appear to be coming down
CCI has generated a SELL signal for Reliance Communications 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 Reliance Communications is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 2.21 and Reliance Communications (RCOM_BE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Reliance Communications (RCOM_BE) stock. Volume based technical analysis of Reliance Communications (RCOM_BE) stock is negative.
Reliance Communications Stock is giving positive 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.
Click here for Reliance Communications charts
Click here for further forecast and predictions for tomorrow