(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 2023-12-20 View latest technical analysis
10 day averaged volume of Rama Petro is 6646
Date | Daily Closing Price | Open | High | Low | Volume |
20 Wed Dec 2023 | 4.30 | 4.15 | 4.56 | 4.15 | 0.271 times |
19 Tue Dec 2023 | 4.35 | 4.35 | 4.35 | 4.35 | 0.227 times |
18 Mon Dec 2023 | 4.35 | 4.30 | 4.35 | 4.30 | 0.409 times |
15 Fri Dec 2023 | 4.15 | 4.15 | 4.46 | 4.15 | 0.146 times |
14 Thu Dec 2023 | 4.25 | 4.25 | 4.46 | 4.25 | 0.135 times |
13 Wed Dec 2023 | 4.25 | 4.23 | 4.25 | 4.23 | 0.133 times |
12 Tue Dec 2023 | 4.22 | 4.22 | 4.22 | 4.22 | 0.058 times |
11 Mon Dec 2023 | 4.02 | 4.02 | 4.02 | 4.02 | 0.06 times |
08 Fri Dec 2023 | 4.01 | 3.91 | 4.01 | 3.91 | 8.51 times |
07 Thu Dec 2023 | 3.90 | 3.91 | 3.91 | 3.90 | 0.148 times |
My analysis of stock is bullish for shortterm, and stock might move up till 4.4 or till 4.7. Use a stoploss of 4.25 and if this stock hits its stoploss, then it can fall down till 4.06
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 |
Downside Target | 4.30 |
Upside Target | 4.46 |
Upside Target | 4.56 |
Upside Target | 4.70 |
Upside Target | 4.80 |
Upside Target | 5.04 |
Upside Target | 5.52 |
Intraday share price targets for Rama Petro (RamaPetro)
Target Type | Value |
Downside Intraday Target | 4.11 |
Downside Intraday Target | 3.93 |
Upside Intraday Target | 4.52 |
Upside Intraday Target | 4.75 |
Upside Intraday Target | 4.34 |
Weekly technical analysis of Rama Petro (RamaPetro)
Date | Weekly Closing Price | Open | High | Low | Volume |
20 Wed Dec 2023 | 4.30 | 4.30 | 4.56 | 4.15 | 1.705 times |
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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Rama Petro (RamaPetro)
Date | Monthly Closing Price | Open | High | Low | Volume |
20 Wed Dec 2023 | 4.30 | 4.70 | 4.70 | 3.90 | 1.507 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Rama Petro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rama Petro in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rama Petro 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 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 4.05 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 rising upwards.
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 is giving positive 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Rama Petro stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Rama Petro in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Rama Petro 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 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 4.05 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 rising upwards.
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 is giving positive 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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