Is Rai Reflex Index on an uptrend?
No, since July 5, 2022, Rai Reflex Index has been in a long-term downward trend and has decreased by -7.67 percent over that period. The 200-day line is currently 5.8 percent away from the current price. It is 4.29 percent away from the 100-day line and 3.24 percent from the 50-day line.
The Rai Reflex Index price prediction for 2023
Let's look at the one-year forecast more closely since it is the most accurate of the analysts' forecasts.
Analysts had various forecasts for the Rai Reflex Index price over the next year. While the most optimistic forecast predicted a 12-month price target of $3.24, the most pessimistic forecast would be $2.46.
The most recent average price target for the next year is $2.80, which is the most important figure.
This suggests a potential gain of 1.18 percent.
RAI - Relative Strength Forecast
RAI - Trend Prediction
RAI - Price Volatility Prediction
RAI - Relative Strength
RAI - Momentum Forecast
Rai Reflex Index projections through 2025-2030
Rai Reflex Index's long-term prospects appear to be good. According to one analysts, Rai Reflex Index is expected to reach $2.87 by March 2025. The five-year forecast projects that the Rai Reflex Index price will be $2.94 by March 2027. The long-term prediction for 2030 is $3.04.