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

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

Showing technical analysis as on 2024-09-06 View latest technical analysis

10 day averaged volume of Roni is 4140

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	54.35	54.25	54.35	54.25	2.609 times
05 Thu Sep 2024	56.95	56.95	56.95	56.95	4.348 times
04 Wed Sep 2024	59.85	59.85	59.85	59.85	0.435 times
03 Tue Sep 2024	63.00	62.26	63.00	62.26	0.87 times
02 Mon Sep 2024	65.53	65.53	65.53	65.53	0.435 times
30 Fri Aug 2024	62.41	62.40	62.41	62.40	0.87 times
28 Wed Aug 2024	59.46	59.46	59.46	59.46	0.435 times
22 Thu Aug 2024	56.63	56.63	56.63	56.63	1.304 times
08 Thu Aug 2024	59.61	59.61	59.61	59.61	0.435 times
07 Wed Aug 2024	59.61	59.61	59.61	59.61	0.435 times

Stock of Roni (Roni) 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 54.5, but if it comes above 54.5, then a intra day buy could be more profitable.
If you take a sell trade below 54.5, then use 54.5 as stoploss and 48.1 as target. However if you take a buy trade in stock , then use 54.5 as stoploss and 59.91 as target.

Share price targets for Roni (Roni)

Target Type	Value
Downside Target	44.10
Downside Target	49.40
Downside Target	51.01
Downside Target	53.20
Upside Target	56.63
Upside Target	58.94
Upside Target	59.46
Upside Target	59.61
Upside Target	62.41
Upside Target	65.53
Upside Target	74.05

Intraday share price targets for Roni (Roni)

Target Type	Value
Downside Intraday Target	50.56
Downside Intraday Target	46.76
Upside Intraday Target	61.84
Upside Intraday Target	69.32
Upside Intraday Target	58.04

Weekly technical analysis of Roni (Roni)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	54.35	65.53	65.53	54.25	6.667 times
30 Fri Aug 2024	62.41	59.46	62.41	59.46	1 times
22 Thu Aug 2024	56.63	56.63	56.63	56.63	0.5 times
08 Thu Aug 2024	59.61	54.00	59.61	54.00	0.545 times
01 Thu Aug 2024	51.51	58.94	58.94	51.01	5.5 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 Roni (Roni)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	54.35	65.53	65.53	54.25	1.429 times
30 Fri Aug 2024	62.41	51.01	62.41	51.01	0.226 times
31 Wed Jul 2024	53.20	53.40	74.05	53.20	15.5 times
25 Tue Jun 2024	44.50	44.50	44.50	44.50	0.4 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 Roni (Roni)

Price action analysis of Roni ( (Roni) ) 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 Roni ( (Roni) ) 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 Roni ( (Roni) ) 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 Roni stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Roni in short term but the sell signal is initial and weak.

Roni 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 green color and prices are in or below the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Roni is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 57.87 and Roni (Roni) 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 Roni (Roni) stock. Volume based technical analysis of Roni (Roni) stock is negative.

Roni Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.