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

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

10 day averaged volume of is 33855300

Date Daily Closing Price Open High Low Volume
16 Fri Apr 2021 8.37 8.26 8.49 7.86 0.194 times
15 Thu Apr 2021 8.33 8.99 8.99 8.15 0.227 times
14 Wed Apr 2021 8.90 9.25 9.50 8.85 0.212 times
13 Tue Apr 2021 9.20 9.33 9.82 8.94 0.253 times
12 Mon Apr 2021 9.66 9.48 10.23 9.06 0.283 times
09 Fri Apr 2021 9.63 10.36 10.44 9.47 0.316 times
08 Thu Apr 2021 10.36 10.53 11.13 10.01 0.509 times
07 Wed Apr 2021 10.45 11.91 12.59 10.31 1.48 times
06 Tue Apr 2021 12.80 8.73 13.64 8.41 6.054 times
05 Mon Apr 2021 8.02 8.52 8.52 7.71 0.295 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 8.7, but if it comes above 8.7, then a intra day buy could be more profitable.
If you take a sell trade below 8.7, then use 8.7 as stoploss and 6.6 as target. However if you take a buy trade in stock , then use 8.7 as stoploss and 10.34 as target.

Share price targets for (RMO)

Target Type Value
Downside Target 7.71
Downside Target 8.20
Upside Target 10.23
Upside Target 11.02
Upside Target 11.54
Upside Target 12.21
Upside Target 13.53
Upside Target 14.61
Upside Target 17.06
Upside Target 20.00
Upside Target 22.40
Upside Target 23.35
Upside Target 25.15

Intraday share price targets for (RMO)

Target Type Value
Downside Intraday Target 7.41
Downside Intraday Target 6.45
Upside Intraday Target 9.78
Upside Intraday Target 11.19
Upside Intraday Target 8.82

Weekly technical analysis of (RMO)

Date Weekly Closing Price Open High Low Volume
16 Fri Apr 2021 8.37 9.48 10.23 7.86 0.135 times
09 Fri Apr 2021 9.63 8.52 13.64 7.71 6.084 times
01 Thu Apr 2021 8.28 11.47 11.54 8.20 2.344 times
26 Fri Mar 2021 11.49 13.30 13.53 11.02 0.649 times
19 Fri Mar 2021 13.41 13.86 14.61 12.21 0.88 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 (RMO)

Date Monthly Closing Price Open High Low Volume
16 Fri Apr 2021 8.37 8.62 13.64 7.71 2.133 times
31 Wed Mar 2021 8.33 12.80 14.61 8.30 1.379 times
26 Fri Feb 2021 12.33 18.10 20.00 11.56 1.009 times
29 Fri Jan 2021 17.77 23.20 23.35 17.06 12.449 times

Scroll below to view daily charts

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

Indicators analysis of (RMO)

Indicator Name Indicator Value Indicator Signal
ADX 21, 28, 13 Sell
MACD -3, -3Sell
Stochastics 14Sell
CCI -95Sell
RSI 59Buy
OBV 46592100Sell
VWAP 12Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of ( (RMO) ) based on a short 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 ( (RMO) ) based on a short 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 ( (RMO) ) 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 ( (RMO) ) 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 stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for in short term and the sell signal is strong.

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 moving up

CCI has generated a SELL signal for 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.62 and (RMO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the (RMO) stock. Volume based technical analysis of (RMO) stock is negative.

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.

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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