(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 2023-12-21 View latest technical analysis
10 day averaged volume of Rama Petro is 6710
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Dec 2023 | 4.36 | 4.30 | 4.36 | 4.30 | 0.348 times |
| 20 Wed Dec 2023 | 4.30 | 4.15 | 4.56 | 4.15 | 0.269 times |
| 19 Tue Dec 2023 | 4.35 | 4.35 | 4.35 | 4.35 | 0.225 times |
| 18 Mon Dec 2023 | 4.35 | 4.30 | 4.35 | 4.30 | 0.405 times |
| 15 Fri Dec 2023 | 4.15 | 4.15 | 4.46 | 4.15 | 0.144 times |
| 14 Thu Dec 2023 | 4.25 | 4.25 | 4.46 | 4.25 | 0.134 times |
| 13 Wed Dec 2023 | 4.25 | 4.23 | 4.25 | 4.23 | 0.132 times |
| 12 Tue Dec 2023 | 4.22 | 4.22 | 4.22 | 4.22 | 0.057 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 | 8.429 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 4.4 as stoploss in an intra day sell trade for a target of 4.25. However, stock will show a bullish move above 4.4.
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 |
| 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 | 4.15 |
| Downside Intraday Target | 3.95 |
| Upside Intraday Target | 4.56 |
| Upside Intraday Target | 4.77 |
| Downside Intraday Target | 4.36 |
Weekly technical analysis of Rama Petro (RamaPetro)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Dec 2023 | 4.36 | 4.30 | 4.56 | 4.15 | 2.365 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 |
| 21 Thu Dec 2023 | 4.36 | 4.70 | 4.70 | 3.90 | 1.549 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rama Petro ( (RamaPetro) ) 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 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 losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rama Petro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rama Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.06 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Rama Petro ( (RamaPetro) ) 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 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 losing 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 tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Rama Petro in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Rama Petro is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 4.06 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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