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(RMDRIP_SM) R M complete technical analysis [charts+indicators] | Buy/Sell R M | (RMDRIP_SM) share price targets

Complete technical analysis of R M (RMDRIP_SM) by charts plus indicators, forecast predictions and share price targets for R M (RMDRIP_SM)

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of R M is 9800

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	126.00	126.00	126.20	126.00	1.837 times
26 Mon Feb 2024	120.20	120.20	120.20	120.20	0.204 times
23 Fri Feb 2024	114.50	115.15	115.15	114.50	0.816 times
22 Thu Feb 2024	109.70	102.50	109.70	102.50	1.429 times
21 Wed Feb 2024	104.50	102.55	113.00	102.55	1.02 times
20 Tue Feb 2024	107.80	107.80	107.80	107.80	0.204 times
15 Thu Feb 2024	107.80	107.90	107.90	107.80	1.429 times
14 Wed Feb 2024	102.90	102.90	102.90	98.20	2.449 times
13 Tue Feb 2024	98.00	95.00	98.50	95.00	0.612 times
12 Mon Feb 2024	99.00	99.00	99.00	99.00	0.204 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 121.4, for a target of 113.6 or 107.06

Share price targets for R M (RMDRIP_SM)

Target Type	Value
Downside Target	49.00
Downside Target	61.95
Downside Target	64.70
Downside Target	84.50
Downside Target	87.05
Downside Target	95.00
Downside Target	99.00
Downside Target	101.20
Downside Target	107.90
Downside Target	113.40
Downside Target	118.00
Downside Target	118.40
Downside Target	120.20
Upside Target	126.20

Intraday share price targets for R M (RMDRIP_SM)

Target Type	Value
Downside Intraday Target	122.07
Downside Intraday Target	118.13
Upside Intraday Target	128.07
Upside Intraday Target	130.13
Downside Intraday Target	124.13

Weekly technical analysis of R M (RMDRIP_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	126.00	120.20	126.20	120.20	0.588 times
23 Fri Feb 2024	114.50	107.80	115.15	102.50	0.739 times
15 Thu Feb 2024	107.80	99.00	107.90	95.00	0.885 times
09 Fri Feb 2024	104.10	113.00	113.40	102.00	2 times
02 Fri Feb 2024	108.00	103.00	108.00	99.00	1.444 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 R M (RMDRIP_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	126.00	103.00	126.20	95.00	3.222 times
31 Wed Jan 2024	103.00	112.60	118.00	101.20	0.287 times
29 Fri Dec 2023	118.40	91.30	118.40	84.50	0.409 times
30 Thu Nov 2023	87.05	64.80	87.05	64.70	3.151 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 R M (RMDRIP_SM)

Price action analysis of R M ( (RMDRIP_SM) ) based on a short 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 R M ( (RMDRIP_SM) ) 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 R M ( (RMDRIP_SM) ) 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 R M stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for R M in short term and the buy signal is strong.

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

R M 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 R M 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

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

Stock of R M is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 109.86 and R M (RMDRIP_SM) 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 R M (RMDRIP_SM) stock. Volume based technical analysis of R M (RMDRIP_SM) stock is negative.

R M 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.