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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 1952659

Date Daily Closing Price Open High Low Volume
14 Fri Jun 2024 164.54 167.00 167.50 164.10 0.603 times
13 Thu Jun 2024 166.00 166.70 167.04 163.55 0.611 times
12 Wed Jun 2024 165.92 166.00 167.89 165.01 0.603 times
11 Tue Jun 2024 165.79 165.16 168.00 164.35 0.73 times
10 Mon Jun 2024 165.12 162.75 167.46 161.60 1.021 times

My analysis of stock is bearish for shortterm, and stock might move down till 160.7 or till 155. Use a stoploss of 165.41 and if the stock hits stoploss, then it can shoot up till 170.13

Share price targets for Rain Industries (RAIN)

Target Type Value
Downside Target 130.05
Downside Target 150.00
Downside Target 161.60
Upside Target 168.25
Upside Target 168.95
Upside Target 174.05
Upside Target 174.80
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 161.43
Downside Intraday Target 158.31
Upside Intraday Target 167.83
Upside Intraday Target 171.11
Upside Intraday Target 164.71

Weekly technical analysis of Rain Industries (RAIN)

Date Weekly Closing Price Open High Low Volume
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
17 Fri May 2024 167.95 157.00 168.95 153.35 0.843 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
14 Fri Jun 2024 164.54 168.00 168.25 130.05 0.519 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 14, 29, 36 Sell
MACD -2, -3Buy
Stochastics 91Buy
CCI 56Sell
RSI 48Sell
OBV -4147737Sell
VWAP 160Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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

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

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

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 160.44 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 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.

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