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

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

10 day averaged volume of Ajooni Biotech is 1787520

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 6.25 6.60 6.60 6.20 2.128 times
21 Tue May 2024 6.50 6.65 6.65 6.50 1.277 times
20 Mon May 2024 6.50 6.55 6.60 6.45 0.177 times
17 Fri May 2024 6.45 6.55 6.75 6.40 0.97 times
16 Thu May 2024 6.45 6.55 6.60 6.40 0.772 times

Stock of Ajooni Biotech (AJOONI) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.2, for a target of 6.4 or 6.5

Share price targets for Ajooni Biotech (AJOONI)

Target Type Value
Downside Target 4.50
Downside Target 4.75
Downside Target 5.15
Downside Target 5.50
Downside Target 5.75
Downside Target 5.95
Downside Target 6.15
Upside Target 6.40
Upside Target 6.65
Upside Target 6.75
Upside Target 6.80
Upside Target 6.90
Upside Target 7.70

Intraday share price targets for Ajooni Biotech (AJOONI)

Target Type Value
Downside Intraday Target 6.08
Downside Intraday Target 5.92
Upside Intraday Target 6.53
Upside Intraday Target 6.82
Upside Intraday Target 6.37

Weekly technical analysis of Ajooni Biotech (AJOONI)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 6.25 6.55 6.65 6.20 1.069 times
17 Fri May 2024 6.45 6.75 6.80 6.40 0.349 times
10 Fri May 2024 6.65 6.70 6.90 5.95 3.547 times
03 Fri May 2024 6.50 6.70 6.75 6.15 0.913 times
26 Fri Apr 2024 6.55 6.05 6.75 6.00 2.248 times

Price has moved down 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 Ajooni Biotech (AJOONI)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 6.25 6.70 6.90 5.95 2.255 times
30 Tue Apr 2024 6.55 6.25 6.75 5.50 4.911 times
28 Thu Mar 2024 5.90 5.90 6.50 5.75 0.08 times
18 Mon Dec 2023 6.80 4.90 7.70 4.75 3.097 times

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ajooni Biotech (AJOONI)

Indicator Name Indicator Value Indicator Signal
ADX 22, 25, 7 Sell
MACD 0, 0Sell
Stochastics 28Sell
CCI -196Sell
RSI 51Buy
OBV -3820179Sell
VWAP 6Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Ajooni Biotech ( (AJOONI) ) 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 Ajooni Biotech ( (AJOONI) ) 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 Ajooni Biotech ( (AJOONI) ) 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 Ajooni Biotech ( (AJOONI) ) based on a mid to longer 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.

ADX buy sell signal for Ajooni Biotech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Ajooni Biotech 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 red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying 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 Ajooni Biotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.46 and Ajooni Biotech (AJOONI) 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 Ajooni Biotech (AJOONI) stock. Volume based technical analysis of Ajooni Biotech (AJOONI) stock is negative.

Ajooni Biotech 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.

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