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(RathiBars) Rathi Bars complete technical analysis [charts+indicators] | Buy/Sell Rathi Bars | (RathiBars) share price targets

Complete technical analysis of Rathi Bars (RathiBars) by charts plus indicators, forecast predictions and share price targets for Rathi Bars (RathiBars)

Showing technical analysis as on 2024-06-04 View latest technical analysis

10 day averaged volume of Rathi Bars is 20473

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	36.93	38.65	38.65	35.74	2.403 times
03 Mon Jun 2024	37.62	38.47	39.40	36.40	2.62 times
31 Fri May 2024	37.96	38.40	38.95	37.10	0.332 times
30 Thu May 2024	38.39	39.43	39.43	37.80	0.341 times
29 Wed May 2024	38.66	39.50	39.50	38.35	0.28 times
28 Tue May 2024	39.05	38.40	39.80	38.30	0.88 times
27 Mon May 2024	38.59	39.13	39.50	38.34	0.803 times
24 Fri May 2024	39.11	37.85	39.64	37.85	0.677 times
23 Thu May 2024	38.64	40.50	40.51	38.00	2.839 times
22 Wed May 2024	40.76	42.40	43.12	39.85	0.927 times

Stock of Rathi Bars (RathiBars) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 38.2, but if it comes above 38.2, then a intra day buy could be more profitable.
If you take a sell trade below 38.2, then use 38.2 as stoploss and 36.1 as target. However if you take a buy trade in stock , then use 38.2 as stoploss and 39.97 as target.

Share price targets for Rathi Bars (RathiBars)

Target Type	Value
Downside Target	31.95
Downside Target	35.50
Upside Target	37.00
Upside Target	37.85
Upside Target	39.40
Upside Target	41.00
Upside Target	41.45
Upside Target	43.52
Upside Target	43.90
Upside Target	44.00
Upside Target	44.50
Upside Target	51.98

Intraday share price targets for Rathi Bars (RathiBars)

Target Type	Value
Downside Intraday Target	35.31
Downside Intraday Target	33.7
Upside Intraday Target	38.97
Upside Intraday Target	41.02
Upside Intraday Target	37.36

Weekly technical analysis of Rathi Bars (RathiBars)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	36.93	38.47	39.40	35.74	1.905 times
31 Fri May 2024	37.96	39.13	39.80	37.10	0.556 times
24 Fri May 2024	39.11	43.30	43.52	37.85	0.805 times
18 Sat May 2024	42.67	42.74	43.90	39.84	0.559 times
10 Fri May 2024	41.68	44.50	44.50	37.00	1.697 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 Rathi Bars (RathiBars)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	36.93	38.47	39.40	35.74	0.189 times
31 Fri May 2024	37.96	41.37	44.50	37.00	1.777 times
30 Tue Apr 2024	41.08	35.60	41.45	35.50	0.616 times
28 Thu Mar 2024	34.88	44.00	44.00	31.95	0.54 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 Rathi Bars (RathiBars)

Price action analysis of Rathi Bars ( (RathiBars) ) 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 Rathi Bars ( (RathiBars) ) 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 Rathi Bars ( (RathiBars) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Rathi Bars stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rathi Bars in short term and the sell signal is strong.

Rathi Bars 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 SELL signal for Rathi Bars in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Rathi Bars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 38.27 and Rathi Bars (RathiBars) 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 Rathi Bars (RathiBars) stock. Volume based technical analysis of Rathi Bars (RathiBars) stock is negative.

Rathi Bars 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.