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

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

10 day averaged volume of Raj Rayon is 1405731

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Oct 2021	0.35	0.40	0.40	0.35	0.591 times
21 Thu Oct 2021	0.40	0.35	0.40	0.35	0.229 times
20 Wed Oct 2021	0.40	0.40	0.40	0.35	1.246 times
19 Tue Oct 2021	0.35	0.40	0.40	0.35	1.527 times
18 Mon Oct 2021	0.40	0.45	0.50	0.40	1.003 times
14 Thu Oct 2021	0.45	0.50	0.50	0.40	2.107 times
13 Wed Oct 2021	0.45	0.45	0.45	0.40	0.9 times
12 Tue Oct 2021	0.40	0.40	0.40	0.35	1.256 times
11 Mon Oct 2021	0.35	0.35	0.35	0.30	0.696 times
08 Fri Oct 2021	0.30	0.35	0.40	0.30	0.292 times

My analysis of stock is bullish for shortterm, and stock might move up till 0.4 or till 0.5. Use a stoploss of 0.34 and if this stock hits its stoploss, then it can fall down till 0.27

Share price targets for Raj Rayon (RAJRAYON_BZ)

Target Type	Value
Downside Target	0.20
Downside Target	0.25
Downside Target	0.30
Downside Target	0.35
Upside Target	0.40
Upside Target	0.50
Upside Target	0.60

Intraday share price targets for Raj Rayon (RAJRAYON_BZ)

Target Type	Value
Downside Intraday Target	0.3
Downside Intraday Target	0.25
Upside Intraday Target	0.45
Upside Intraday Target	0.55
Upside Intraday Target	0.4

Weekly technical analysis of Raj Rayon (RAJRAYON_BZ)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Oct 2021	0.35	0.45	0.50	0.35	0.927 times
14 Thu Oct 2021	0.45	0.35	0.50	0.30	1.961 times
08 Fri Oct 2021	0.30	0.25	0.40	0.25	3.581 times
01 Fri Oct 2021	0.30	0.25	0.30	0.20	1.413 times
24 Fri Sep 2021	0.25	0.20	0.25	0.20	1.104 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 (RAJRAYON_BZ)

Date	Monthly Closing Price	Open	High	Low	Volume
22 Fri Oct 2021	0.35	0.30	0.50	0.25	2.723 times
30 Thu Sep 2021	0.30	0.30	0.30	0.20	0.429 times
31 Tue Aug 2021	0.30	0.25	0.50	0.25	2.388 times
30 Fri Jul 2021	0.25	0.30	0.35	0.25	0.134 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Raj Rayon (RAJRAYON_BZ)

Price action analysis of Raj Rayon ( (RAJRAYON_BZ) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Raj Rayon ( (RAJRAYON_BZ) ) 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 ( (RAJRAYON_BZ) ) 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.4 and Raj Rayon (RAJRAYON_BZ) 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 (RAJRAYON_BZ) stock. Volume based technical analysis of Raj Rayon (RAJRAYON_BZ) 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.