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(RasiElectro) Rasi Electro complete technical analysis [charts+indicators] | Buy/Sell Rasi Electro | (RasiElectro) share price targets

Complete technical analysis of Rasi Electro (RasiElectro) by charts plus indicators, forecast predictions and share price targets for Rasi Electro (RasiElectro)

Showing technical analysis as on 2024-12-19 View latest technical analysis

10 day averaged volume of Rasi Electro is 41344

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	32.15	31.85	32.58	31.85	0.5 times
18 Wed Dec 2024	32.63	33.00	33.66	32.06	0.977 times
17 Tue Dec 2024	32.90	33.60	33.60	32.00	1.269 times
16 Mon Dec 2024	33.12	32.39	34.78	32.05	1.298 times
13 Fri Dec 2024	32.88	32.75	33.47	32.01	0.831 times
12 Thu Dec 2024	33.10	34.40	34.40	33.00	0.852 times
11 Wed Dec 2024	33.91	33.94	35.62	33.54	0.758 times
10 Tue Dec 2024	33.62	33.97	33.97	33.30	0.581 times
09 Mon Dec 2024	33.61	34.00	34.00	33.30	1.074 times
06 Fri Dec 2024	33.60	34.70	34.80	33.10	1.165 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.2, but if it comes above 32.2, then a intra day buy could be more profitable.
If you take a sell trade below 32.2, then use 32.2 as stoploss and 31.3 as target. However if you take a buy trade in stock , then use 32.2 as stoploss and 32.9 as target.

Share price targets for Rasi Electro (RasiElectro)

Target Type	Value
Downside Target	28.90
Downside Target	31.20
Upside Target	33.00
Upside Target	34.78
Upside Target	35.62
Upside Target	36.42
Upside Target	36.80
Upside Target	37.74
Upside Target	40.39
Upside Target	42.50
Upside Target	45.24

Intraday share price targets for Rasi Electro (RasiElectro)

Target Type	Value
Downside Intraday Target	31.07
Downside Intraday Target	30
Upside Intraday Target	34
Upside Intraday Target	35.86
Upside Intraday Target	32.93

Weekly technical analysis of Rasi Electro (RasiElectro)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	32.15	32.39	34.78	31.85	0.987 times
13 Fri Dec 2024	32.88	34.00	35.62	32.01	0.73 times
06 Fri Dec 2024	33.60	32.11	35.00	31.68	0.818 times
29 Fri Nov 2024	32.40	36.80	36.80	31.56	1.664 times
22 Fri Nov 2024	31.50	33.50	34.92	31.20	0.794 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 Rasi Electro (RasiElectro)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Dec 2024	32.15	32.11	35.62	31.68	0.637 times
29 Fri Nov 2024	32.40	37.60	37.74	31.20	0.61 times
31 Thu Oct 2024	36.00	39.79	40.39	33.00	0.495 times
30 Mon Sep 2024	39.60	40.84	42.50	36.42	0.362 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 Rasi Electro (RasiElectro)

Price action analysis of Rasi Electro ( (RasiElectro) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Rasi Electro ( (RasiElectro) ) 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 Rasi Electro ( (RasiElectro) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Rasi Electro ( (RasiElectro) ) 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 Rasi Electro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rasi Electro in short term and the sell signal is strong.

Rasi Electro Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rasi Electro in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 Rasi Electro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 33.18 and Rasi Electro (RasiElectro) 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 Rasi Electro (RasiElectro) stock. Volume based technical analysis of Rasi Electro (RasiElectro) stock is negative.

Rasi Electro 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.