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

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

10 day averaged volume of Rain Industries is 1216739

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 151.23 150.98 152.00 149.54 0.759 times
22 Fri Nov 2024 148.25 148.00 148.90 145.80 0.619 times
21 Thu Nov 2024 146.55 149.00 149.20 144.90 1.166 times
19 Tue Nov 2024 149.20 151.60 153.10 148.17 0.968 times
18 Mon Nov 2024 150.64 149.59 152.01 144.62 1.332 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 150 as stoploss in an intra day buy trade for a target of 156.16. However, stock will show a bearish move below 150.

Share price targets for Rain Industries (RAIN)

Target Type Value
Downside Target 144.23
Downside Target 149.54
Upside Target 157.00
Upside Target 164.70
Upside Target 165.00
Upside Target 166.30
Upside Target 178.50
Upside Target 179.80
Upside Target 185.00
Upside Target 192.75

Intraday share price targets for Rain Industries (RAIN)

Target Type Value
Downside Intraday Target 149.85
Downside Intraday Target 148.46
Upside Intraday Target 152.31
Upside Intraday Target 153.38
Downside Intraday Target 150.92

Weekly technical analysis of Rain Industries (RAIN)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 151.23 150.98 152.00 149.54 0.186 times
22 Fri Nov 2024 148.25 149.59 153.10 144.62 1.044 times
14 Thu Nov 2024 148.99 158.64 158.69 144.23 0.614 times
08 Fri Nov 2024 159.14 163.95 166.30 157.00 3.306 times
01 Fri Nov 2024 163.65 160.00 164.70 160.00 0.664 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 Rain Industries (RAIN)

Date Monthly Closing Price Open High Low Volume
25 Mon Nov 2024 151.23 162.50 166.30 144.23 0.415 times
31 Thu Oct 2024 161.57 179.50 185.00 151.68 0.669 times
30 Mon Sep 2024 180.03 169.75 192.75 165.00 1.459 times
30 Fri Aug 2024 169.75 174.00 178.50 151.50 0.718 times

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 Rain Industries (RAIN)

Indicator Name Indicator Value Indicator Signal
ADX 14, 32, 38 Sell
MACD -9, -8Sell
Stochastics 24Sell
CCI -6Buy
RSI 45Sell
OBV -5188169Sell
VWAP 151Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Rain Industries ( (RAIN) ) 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 Rain Industries ( (RAIN) ) 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 Rain Industries ( (RAIN) ) 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 Rain Industries ( (RAIN) ) 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 Rain Industries stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Rain Industries in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rain Industries 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rain Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Rain Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 150.57 and Rain Industries (RAIN) 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 Rain Industries (RAIN) stock. Volume based technical analysis of Rain Industries (RAIN) stock is negative.

Rain Industries 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.

Click here for Rain Industries charts

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