(RamaPetro) Rama Petro complete technical analysis [charts+indicators] | Buy/Sell Rama Petro | (RamaPetro) share price targets
Complete technical analysis of Rama Petro (RamaPetro) by charts plus indicators, forecast predictions and share price targets for Rama Petro (RamaPetro)
Showing technical analysis as on 2023-12-15 View latest technical analysis
10 day averaged volume of Rama Petro is 7729
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Fri Dec 2023 | 4.15 | 4.15 | 4.46 | 4.15 | 0.125 times |
| 14 Thu Dec 2023 | 4.25 | 4.25 | 4.46 | 4.25 | 0.116 times |
| 13 Wed Dec 2023 | 4.25 | 4.23 | 4.25 | 4.23 | 0.115 times |
| 12 Tue Dec 2023 | 4.22 | 4.22 | 4.22 | 4.22 | 0.05 times |
| 11 Mon Dec 2023 | 4.02 | 4.02 | 4.02 | 4.02 | 0.052 times |
| 08 Fri Dec 2023 | 4.01 | 3.91 | 4.01 | 3.91 | 7.318 times |
| 07 Thu Dec 2023 | 3.90 | 3.91 | 3.91 | 3.90 | 0.127 times |
| 06 Wed Dec 2023 | 3.90 | 4.10 | 4.10 | 3.90 | 0.15 times |
| 05 Tue Dec 2023 | 4.10 | 4.12 | 4.12 | 4.10 | 1.452 times |
| 04 Mon Dec 2023 | 4.12 | 4.30 | 4.30 | 4.12 | 0.117 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 4 as stoploss in an intra day buy trade for a target of 4.31. However, stock will show a bearish move below 4.
Share price targets for Rama Petro (RamaPetro)
| Target Type | Value |
| Downside Target | 3.36 |
| Downside Target | 3.53 |
| Downside Target | 3.90 |
| Downside Target | 4.02 |
| Downside Target | 4.14 |
| Upside Target | 4.30 |
| Upside Target | 4.46 |
| Upside Target | 4.70 |
| Upside Target | 4.75 |
| Upside Target | 4.80 |
| Upside Target | 5.04 |
| Upside Target | 5.51 |
| Upside Target | 5.52 |
Intraday share price targets for Rama Petro (RamaPetro)
| Target Type | Value |
| Downside Intraday Target | 3.96 |
| Downside Intraday Target | 3.77 |
| Upside Intraday Target | 4.4 |
| Upside Intraday Target | 4.65 |
| Upside Intraday Target | 4.21 |
Weekly technical analysis of Rama Petro (RamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Fri Dec 2023 | 4.15 | 4.02 | 4.46 | 4.02 | 0.05 times |
| 08 Fri Dec 2023 | 4.01 | 4.30 | 4.30 | 3.90 | 5.017 times |
| 01 Fri Dec 2023 | 4.33 | 4.14 | 4.70 | 4.14 | 3.174 times |
| 24 Fri Nov 2023 | 4.35 | 4.80 | 4.80 | 4.15 | 0.744 times |
| 17 Fri Nov 2023 | 4.80 | 4.75 | 5.51 | 4.75 | 0.249 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 Rama Petro (RamaPetro)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 15 Fri Dec 2023 | 4.15 | 4.70 | 4.70 | 3.90 | 1.4 times |
| 30 Thu Nov 2023 | 4.55 | 4.70 | 5.52 | 4.14 | 1.251 times |
| 31 Tue Oct 2023 | 4.56 | 4.09 | 5.04 | 3.90 | 1.44 times |
| 29 Fri Sep 2023 | 4.30 | 3.74 | 4.30 | 3.53 | 0.996 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 Rama Petro (RamaPetro)
Price action analysis of Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) based on a mid to longer 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.
ADX buy sell signal for Rama Petro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rama Petro in short term and the sell signal is strong.
Rama Petro 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. 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 Rama Petro in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 Rama Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.03 and Rama Petro (RamaPetro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Rama Petro (RamaPetro) stock. Volume based technical analysis of Rama Petro (RamaPetro) stock is negative.
Rama Petro 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.
Price action analysis of Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) 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 Rama Petro ( (RamaPetro) ) based on a mid to longer 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.
ADX buy sell signal for Rama Petro stock for short term is BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Rama Petro in short term and the sell signal is strong.
Rama Petro 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. 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 Rama Petro in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 Rama Petro is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.03 and Rama Petro (RamaPetro) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down
People seem to be coming out and selling the Rama Petro (RamaPetro) stock. Volume based technical analysis of Rama Petro (RamaPetro) stock is negative.
Rama Petro 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.
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