Login or Join
 Learn then Earn

(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 1605521

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 172.00 167.70 173.15 165.90 1.477 times
20 Mon May 2024 167.70 168.20 169.60 167.25 0.126 times
17 Fri May 2024 167.95 161.40 168.95 161.40 1.223 times
16 Thu May 2024 161.40 163.40 163.45 159.65 0.811 times
15 Wed May 2024 161.65 163.85 166.00 161.00 0.606 times

My analysis of stock is bullish for shortterm, and stock might move up till 176.3 or till 184.6. Use a stoploss of 169.43 and if this stock hits its stoploss, then it can fall down till 162.53

Share price targets for Rain Industries (RAIN)

Target Type Value
Downside Target 145.90
Downside Target 150.00
Downside Target 164.90
Upside Target 174.60
Upside Target 178.20
Upside Target 181.70
Upside Target 184.50
Upside Target 185.70
Upside Target 188.50
Upside Target 219.60

Intraday share price targets for Rain Industries (RAIN)

Target Type Value
Downside Intraday Target 167.55
Downside Intraday Target 163.1
Upside Intraday Target 174.8
Upside Intraday Target 177.6
Downside Intraday Target 170.35

Weekly technical analysis of Rain Industries (RAIN)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 172.00 168.20 173.15 165.90 0.33 times
17 Fri May 2024 167.95 157.00 168.95 153.35 0.843 times
10 Fri May 2024 156.55 172.25 172.95 154.80 1.191 times
03 Fri May 2024 172.20 180.65 181.70 171.05 0.522 times
26 Fri Apr 2024 179.25 174.75 184.50 174.60 1.458 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
21 Tue May 2024 172.00 175.00 178.20 153.35 0.351 times
30 Tue Apr 2024 174.50 152.00 184.50 152.00 1.012 times
28 Thu Mar 2024 150.70 185.00 185.70 150.00 0.248 times
29 Thu Feb 2024 183.90 175.80 219.60 164.90 1.911 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 26, 18, 20 Buy
MACD -3, -3Buy
Stochastics 83Buy
CCI 142Buy
RSI 56Buy
OBV -2298650Sell
VWAP 163Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Rain Industries ( (RAIN) ) 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 Rain Industries ( (RAIN) ) 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 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 BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Rain Industries 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.

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

CCI has generated a buy signal for Rain Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 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 163.47 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 rising upwards.

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 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.

Click here for Rain Industries charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme