Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Showing technical analysis as on 2025-01-17 View latest technical analysis

10 day averaged volume of Raj Rayon is 20005

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	20.48	21.26	21.31	20.48	1.164 times
16 Thu Jan 2025	20.90	20.25	20.92	20.25	0.954 times
15 Wed Jan 2025	20.51	20.20	21.00	20.19	1.557 times
14 Tue Jan 2025	20.61	20.90	21.20	20.61	0.84 times
13 Mon Jan 2025	21.04	21.80	21.80	21.04	0.539 times
10 Fri Jan 2025	21.47	21.50	21.63	21.19	0.325 times
09 Thu Jan 2025	21.63	22.40	22.40	21.63	1.472 times
08 Wed Jan 2025	22.08	22.08	22.23	22.08	0.763 times
07 Tue Jan 2025	22.54	22.54	22.66	22.54	0.544 times
06 Mon Jan 2025	23.01	23.94	23.94	23.01	0.632 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.2, but if it comes above 21.2, then a intra day buy could be more profitable.
If you take a sell trade below 21.2, then use 21.2 as stoploss and 19.9 as target. However if you take a buy trade in stock , then use 21.2 as stoploss and 22.41 as target.

Share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Target	20.19
Upside Target	21.02
Upside Target	22.51
Upside Target	23.52
Upside Target	23.94
Upside Target	24.10
Upside Target	24.24
Upside Target	24.43
Upside Target	24.89
Upside Target	25.89
Upside Target	28.74

Intraday share price targets for Raj Rayon (RAJRILTD_BE)

Target Type	Value
Downside Intraday Target	19.85
Downside Intraday Target	19.21
Upside Intraday Target	21.46
Upside Intraday Target	22.43
Upside Intraday Target	20.82

Weekly technical analysis of Raj Rayon (RAJRILTD_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Jan 2025	20.48	21.80	21.80	20.19	1.352 times
10 Fri Jan 2025	21.47	23.94	23.94	21.19	0.507 times
03 Fri Jan 2025	23.48	23.22	24.43	22.81	1.367 times
27 Fri Dec 2024	23.28	23.30	24.10	22.51	1.159 times
20 Fri Dec 2024	22.85	23.55	23.84	22.06	0.711 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
17 Fri Jan 2025	20.48	23.10	24.43	20.19	0.652 times
31 Tue Dec 2024	23.35	22.74	24.89	22.06	1.055 times
29 Fri Nov 2024	22.30	22.50	25.89	21.02	0.841 times
31 Thu Oct 2024	22.50	24.00	24.24	21.46	0.456 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 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 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 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 below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Raj Rayon in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY 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 21.26 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.