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(RPOWER) Reliance Power complete technical analysis [charts+indicators] | Buy/Sell Reliance Power | (RPOWER) share price targets

Complete technical analysis of Reliance Power (RPOWER) by charts plus indicators, forecast predictions and share price targets for Reliance Power (RPOWER)

10 day averaged volume of Reliance Power is 14582060

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 26.50 26.10 27.40 26.10 1.842 times
21 Tue May 2024 26.10 26.35 26.90 25.90 1.263 times
20 Mon May 2024 26.15 26.15 26.45 26.00 0.239 times
17 Fri May 2024 26.15 26.00 26.40 25.85 0.753 times
16 Thu May 2024 25.85 26.15 26.30 25.35 0.811 times

My analysis of stock is bullish for shortterm, and stock might move up till 27.2 or till 28.3. Use a stoploss of 26.25 and if this stock hits its stoploss, then it can fall down till 25.3

Share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Target 16.85
Downside Target 20.60
Downside Target 23.30
Downside Target 25.20
Downside Target 25.90
Upside Target 26.60
Upside Target 27.40
Upside Target 27.45
Upside Target 28.30
Upside Target 28.45
Upside Target 33.15

Intraday share price targets for Reliance Power (RPOWER)

Target Type Value
Downside Intraday Target 25.8
Downside Intraday Target 25.1
Upside Intraday Target 27.3
Upside Intraday Target 28.1
Upside Intraday Target 26.6

Weekly technical analysis of Reliance Power (RPOWER)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 26.50 26.15 27.40 25.90 0.694 times
17 Fri May 2024 26.15 25.15 26.60 23.90 0.877 times
10 Fri May 2024 24.95 26.60 26.75 24.35 1.351 times
03 Fri May 2024 26.80 28.00 28.30 26.65 0.911 times
26 Fri Apr 2024 27.70 28.45 28.45 27.40 0.687 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 Reliance Power (RPOWER)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 26.50 27.35 27.45 23.90 2.38 times
30 Tue Apr 2024 27.30 28.45 28.45 27.10 0.028 times
30 Tue Jan 2024 29.95 23.50 33.15 23.30 1.207 times
29 Fri Dec 2023 23.30 21.20 25.20 20.60 0.918 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 Reliance Power (RPOWER)

Indicator Name Indicator Value Indicator Signal
ADX 23, 20, 9 Buy
MACD -0, -0Buy
Stochastics 77Buy
CCI 108Buy
RSI 55Buy
OBV -88080955Sell
VWAP 26Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Reliance Power ( (RPOWER) ) 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 Reliance Power ( (RPOWER) ) 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 Reliance Power ( (RPOWER) ) 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 Reliance Power ( (RPOWER) ) 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 Reliance Power stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Reliance Power 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.

Reliance Power 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 moving up

CCI has generated a buy signal for Reliance Power in short term and BUY 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 Reliance Power is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.64 and Reliance Power (RPOWER) 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 Reliance Power (RPOWER) stock. Volume based technical analysis of Reliance Power (RPOWER) stock is negative.

Reliance Power 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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