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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 2299461

Date Daily Closing Price Open High Low Volume
21 Fri Jun 2024 169.21 174.20 175.15 168.30 1.155 times
20 Thu Jun 2024 173.15 166.70 176.20 165.57 2.775 times
19 Wed Jun 2024 166.29 169.98 170.95 165.70 0.679 times
18 Tue Jun 2024 168.98 165.10 171.40 163.19 1.538 times
14 Fri Jun 2024 164.54 167.00 167.50 164.10 0.512 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 169.9 as stoploss in an intra day sell trade for a target of 165.24. However, stock will show a bullish move above 169.9.

Share price targets for Rain Industries (RAIN)

Target Type Value
Downside Target 130.05
Downside Target 150.00
Downside Target 161.60
Upside Target 174.05
Upside Target 174.80
Upside Target 176.20
Upside Target 178.20
Upside Target 184.50
Upside Target 185.70
Upside Target 219.60

Intraday share price targets for Rain Industries (RAIN)

Target Type Value
Downside Intraday Target 162.87
Downside Intraday Target 156.52
Upside Intraday Target 175.88
Upside Intraday Target 182.54
Upside Intraday Target 169.53

Weekly technical analysis of Rain Industries (RAIN)

Date Weekly Closing Price Open High Low Volume
21 Fri Jun 2024 169.21 165.10 176.20 163.19 2.029 times
14 Fri Jun 2024 164.54 162.75 168.00 161.60 0.555 times
07 Fri Jun 2024 161.95 168.00 168.25 130.05 1.389 times
31 Fri May 2024 163.30 171.20 174.05 161.80 1.238 times
24 Fri May 2024 169.85 168.20 174.80 165.90 0.937 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 Rain Industries (RAIN)

Date Monthly Closing Price Open High Low Volume
21 Fri Jun 2024 169.21 168.00 176.20 130.05 0.895 times
31 Fri May 2024 163.30 175.00 178.20 153.35 0.553 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

Price has moved up 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 19, 18, 4 Buy
MACD 0, -1Buy
Stochastics 75Buy
CCI 124Sell
RSI 52Buy
OBV -752914Sell
VWAP 168Buy
ADL 0Sell
ROC 8Buy
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 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 mid to longer term time period is

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 and the buy 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 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 coming down

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

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 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 168.33 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 positive

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

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