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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 640095

Date Daily Closing Price Open High Low Volume
22 Fri Jan 2021 0.15 0.15 0.20 0.15 0.276 times
21 Thu Jan 2021 0.15 0.15 0.20 0.15 0.572 times
20 Wed Jan 2021 0.15 0.15 0.20 0.15 0.954 times
19 Tue Jan 2021 0.15 0.20 0.20 0.15 1.117 times
18 Mon Jan 2021 0.20 0.25 0.25 0.15 1.441 times
15 Fri Jan 2021 0.20 0.20 0.20 0.15 1.157 times
14 Thu Jan 2021 0.15 0.15 0.20 0.15 0.648 times
13 Wed Jan 2021 0.20 0.20 0.20 0.20 0.696 times
12 Tue Jan 2021 0.25 0.25 0.25 0.25 0.175 times
11 Mon Jan 2021 0.30 0.30 0.35 0.30 1.835 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 0.2, but if it comes above 0.2, then a intra day buy could be more profitable.
If you take a sell trade below 0.2, then use 0.2 as stoploss and 0.1 as target. However if you take a buy trade in stock , then use 0.2 as stoploss and 0.24 as target.

Share price targets for Raj Rayon (RAJRAYON_BZ)

Target Type Value
Downside Target 0.05
Downside Target 0.10
Downside Target 0.15
Upside Target 0.20
Upside Target 0.25
Upside Target 0.30
Upside Target 0.35

Intraday share price targets for Raj Rayon (RAJRAYON_BZ)

Target Type Value
Downside Intraday Target 0.12
Downside Intraday Target 0.08
Upside Intraday Target 0.22
Upside Intraday Target 0.28
Upside Intraday Target 0.18

Weekly technical analysis of Raj Rayon (RAJRAYON_BZ)

Date Weekly Closing Price Open High Low Volume
22 Fri Jan 2021 0.15 0.25 0.25 0.15 0.967 times
15 Fri Jan 2021 0.20 0.30 0.35 0.15 0.233 times
08 Fri Jan 2021 0.35 0.30 0.35 0.25 3.848 times
01 Fri Jan 2021 0.25 0.30 0.30 0.25 0.511 times
24 Thu Dec 2020 0.30 0.25 0.30 0.20 0.498 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 Jan 2021 0.15 0.30 0.35 0.15 0.575 times
31 Thu Dec 2020 0.30 0.20 0.35 0.15 4.063 times
27 Fri Nov 2020 0.15 0.15 0.20 0.10 1.294 times
30 Fri Oct 2020 0.10 0.10 0.20 0.05 1.759 times

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 (RAJRAYON_BZ)

Indicator Name Indicator Value Indicator Signal
ADX 17, 17, 0 Sell
MACD -0, 0Sell
Stochastics 0Sell
CCI -61Sell
RSI 50Buy
OBV 1963160Sell
VWAP 0Sell
ADL 0Sell
ROC -57Sell
Force Index 0Sell

Price action analysis of Raj Rayon ( (RAJRAYON_BZ) ) based on a short term time period is

Price action analysis of Raj Rayon ( (RAJRAYON_BZ) ) based on a short term time period is

Price action analysis of Raj Rayon ( (RAJRAYON_BZ) ) based on a short to mid term time period is

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 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Rayon in short term

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 0.2 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 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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