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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 2024-04-12 View latest technical analysis

10 day averaged volume of R M is 5000

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	137.45	148.00	148.00	137.45	10.8 times
10 Wed Apr 2024	141.55	141.55	141.55	141.55	0.4 times
08 Mon Apr 2024	148.90	145.00	149.10	143.10	3.2 times
05 Fri Apr 2024	142.00	142.00	142.00	142.00	0.4 times
03 Wed Apr 2024	140.00	140.00	140.00	140.00	0.4 times
02 Tue Apr 2024	140.00	140.00	140.00	140.00	0.4 times
01 Mon Apr 2024	140.00	139.00	140.00	139.00	1.2 times
28 Thu Mar 2024	139.00	138.00	140.00	138.00	0.8 times
27 Wed Mar 2024	134.00	134.00	134.00	134.00	0.4 times
22 Fri Mar 2024	137.45	137.45	137.50	137.45	0.8 times

Stock of R M (RMDRIP_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 142.1 or till 149.6. Use a stoploss of 135.87 and if this stock hits its stoploss, then it can fall down till 129.65

Share price targets for R M (RMDRIP_SM)

Target Type	Value
Downside Target	84.50
Downside Target	95.00
Downside Target	101.20
Downside Target	117.00
Downside Target	121.00
Downside Target	134.00
Upside Target	139.00
Upside Target	140.00
Upside Target	140.70
Upside Target	142.00
Upside Target	149.10

Intraday share price targets for R M (RMDRIP_SM)

Target Type	Value
Downside Intraday Target	133.57
Downside Intraday Target	129.68
Upside Intraday Target	145.22
Upside Intraday Target	152.98
Upside Intraday Target	141.33

Weekly technical analysis of R M (RMDRIP_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	137.45	145.00	149.10	137.45	6 times
05 Fri Apr 2024	142.00	139.00	142.00	139.00	2 times
28 Thu Mar 2024	139.00	134.00	140.00	134.00	0.333 times
22 Fri Mar 2024	137.45	117.00	137.50	117.00	0.563 times
14 Thu Mar 2024	121.00	140.00	140.00	121.00	0.552 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of R M (RMDRIP_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	137.45	139.00	149.10	137.45	1.355 times
28 Thu Mar 2024	139.00	134.00	140.70	117.00	0.301 times
29 Thu Feb 2024	134.85	103.00	134.85	95.00	3.815 times
31 Wed Jan 2024	103.00	112.60	118.00	101.20	0.287 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 R M (RMDRIP_SM)

Price action analysis of R M ( (RMDRIP_SM) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for R M in short term but the sell signal is initial and weak.

R M 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. Bulls are getting tired and bears are picking up momentum.

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 R M in short term but SELL signal is weak.

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 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 139.85 and R M (RMDRIP_SM) 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 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.