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

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

Royce Micro trades in USA in N A sector.

Showing technical analysis as on 2024-05-24 View latest technical analysis

10 day averaged volume of Royce Micro is 88376

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri May 2024	9.72	9.65	9.73	9.62	0.655 times
23 Thu May 2024	9.57	9.77	9.77	9.55	0.559 times
22 Wed May 2024	9.75	9.74	9.82	9.71	1.127 times
21 Tue May 2024	9.74	9.62	9.74	9.62	0.932 times
20 Mon May 2024	9.66	9.57	9.71	9.57	1.22 times
17 Fri May 2024	9.57	9.56	9.62	9.55	0.881 times
16 Thu May 2024	9.58	9.57	9.63	9.56	1.229 times
15 Wed May 2024	9.58	9.63	9.63	9.56	1.352 times
14 Tue May 2024	9.52	9.52	9.57	9.46	1.218 times
13 Mon May 2024	9.44	9.48	9.53	9.44	0.726 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.7, but if it comes below 9.7, then a intra day sell could be more profitable.
If you take a sell trade below 9.7, then use 9.7 as stoploss and 9.41 as target. However if you take a buy trade in stock , then use 9.7 as stoploss and 10 as target.

Share price targets for Royce Micro (RMT)

Target Type	Value
Downside Target	8.59
Downside Target	8.84
Downside Target	9.21
Downside Target	9.44
Downside Target	9.45
Downside Target	9.49
Downside Target	9.50
Downside Target	9.51
Downside Target	9.55
Downside Target	9.63
Upside Target	9.82

Intraday share price targets for Royce Micro (RMT)

Target Type	Value
Downside Intraday Target	9.57
Downside Intraday Target	9.43
Upside Intraday Target	9.84
Upside Intraday Target	9.97
Downside Intraday Target	9.7

Weekly technical analysis of Royce Micro (RMT)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri May 2024	9.72	9.57	9.82	9.55	0.831 times
17 Fri May 2024	9.57	9.48	9.63	9.44	1.207 times
10 Fri May 2024	9.45	9.23	9.49	9.21	1.013 times
03 Fri May 2024	9.14	8.93	9.22	8.86	1.004 times
26 Fri Apr 2024	8.89	8.69	8.94	8.64	0.709 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 Royce Micro (RMT)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri May 2024	9.72	8.86	9.82	8.86	0.654 times
30 Tue Apr 2024	8.88	9.45	9.45	8.59	0.99 times
28 Thu Mar 2024	9.45	9.37	9.51	8.95	1.179 times
29 Thu Feb 2024	9.33	9.06	9.50	8.84	0.778 times

Scroll below to view daily charts

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 Royce Micro (RMT)

Price action analysis of Royce Micro ( (RMT) ) 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 Royce Micro ( (RMT) ) 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 Royce Micro ( (RMT) ) 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 Royce Micro ( (RMT) ) 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 Royce Micro stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Royce Micro 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.

Royce Micro Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Royce Micro 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Royce Micro is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 9.61 and Royce Micro (RMT) 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 Royce Micro (RMT) stock. Volume based technical analysis of Royce Micro (RMT) stock is negative.

Royce Micro 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.