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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.

10 day averaged volume of Royce Micro is 86827

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 9.58 9.57 9.63 9.56 1.251 times
15 Wed May 2024 9.58 9.63 9.63 9.56 1.376 times
14 Tue May 2024 9.52 9.52 9.57 9.46 1.239 times
13 Mon May 2024 9.44 9.48 9.53 9.44 0.739 times
10 Fri May 2024 9.45 9.49 9.49 9.41 0.769 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 9.4, but if it comes below 9.4, then a intra day sell could be more profitable.
If you take a sell trade below 9.4, then use 9.4 as stoploss and 9.14 as target. However if you take a buy trade in stock , then use 9.4 as stoploss and 9.8 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 9.24
Downside Target 9.44
Downside Target 9.45
Downside Target 9.49
Downside Target 9.50
Downside Target 9.51
Upside Target 9.63

Intraday share price targets for Royce Micro (RMT)

Target Type Value
Downside Intraday Target 9.47
Downside Intraday Target 9.36
Upside Intraday Target 9.66
Upside Intraday Target 9.74
Downside Intraday Target 9.55

Weekly technical analysis of Royce Micro (RMT)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 9.58 9.48 9.63 9.44 1.011 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
19 Fri Apr 2024 8.64 8.94 8.99 8.59 1.06 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
16 Thu May 2024 9.58 8.86 9.63 8.86 0.451 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 0.804 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 Royce Micro (RMT)

Indicator Name Indicator Value Indicator Signal
ADX 42, 42, 0 Sell
MACD 0, 0Buy
Stochastics 92Buy
CCI 109Sell
RSI 53Buy
OBV 605751Sell
VWAP 9Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 Royce Micro in short term

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 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 9.44 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.

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