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

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

10 day averaged volume of Rasandik Eng is 1813

Date Daily Closing Price Open High Low Volume
16 Tue Aug 2022 87.60 89.95 91.95 83.55 2.12 times
12 Fri Aug 2022 86.30 85.90 91.50 84.25 2.303 times
11 Thu Aug 2022 85.90 81.00 86.00 80.00 0.78 times
10 Wed Aug 2022 81.50 86.00 86.00 80.00 0.811 times
08 Mon Aug 2022 83.20 81.20 86.40 79.65 0.817 times
05 Fri Aug 2022 83.95 83.55 88.95 83.50 0.5 times
04 Thu Aug 2022 87.90 92.00 92.00 83.45 1.494 times
03 Wed Aug 2022 87.80 85.45 89.00 85.45 1.505 times
02 Tue Aug 2022 84.80 81.20 84.85 79.30 0.338 times
01 Mon Aug 2022 81.20 82.10 85.40 79.85 1.165 times

Stock of Rasandik Eng (RasandikEng) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.4, but if it comes below 87.4, then a intra day sell could be more profitable.
If you take a sell trade below 87.4, then use 87.4 as stoploss and 85.24 as target. However if you take a buy trade in stock , then use 87.4 as stoploss and 90.1 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 69.15
Downside Target 79.30
Downside Target 83.55
Upside Target 89.90
Upside Target 91.95
Upside Target 92.00
Upside Target 96.80
Upside Target 98.65
Upside Target 110.70
Upside Target 113.90
Upside Target 153.70

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 83.45
Downside Intraday Target 79.3
Upside Intraday Target 91.85
Upside Intraday Target 96.1
Upside Intraday Target 87.7

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
16 Tue Aug 2022 87.60 89.95 91.95 83.55 0.45 times
12 Fri Aug 2022 86.30 81.20 91.50 79.65 0.942 times
05 Fri Aug 2022 83.95 82.10 92.00 79.30 1.678 times
30 Sat Jul 2022 82.10 85.20 89.90 81.10 0.616 times
22 Fri Jul 2022 88.80 90.95 90.95 84.60 1.065 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 Rasandik Eng (RasandikEng)

Date Monthly Closing Price Open High Low Volume
16 Tue Aug 2022 87.60 82.10 92.00 79.30 0.624 times
30 Sat Jul 2022 82.10 96.40 96.80 81.10 0.799 times
30 Thu Jun 2022 91.95 97.15 98.65 69.15 0.725 times
31 Tue May 2022 92.55 107.05 113.90 85.65 0.525 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 Rasandik Eng (RasandikEng)

Indicator Name Indicator Value Indicator Signal
ADX 20, 11, 27 Buy
MACD -2, -2Buy
Stochastics 57None
CCI 84Buy
RSI 51Buy
OBV 1891Sell
VWAP 86Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Rasandik Eng ( (RasandikEng) ) 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 Rasandik Eng stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Rasandik Eng 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.

Rasandik Eng 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 stronger in this stock.

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 Rasandik Eng 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

Stock of Rasandik Eng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 85.71 and Rasandik Eng (RasandikEng) 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 Rasandik Eng (RasandikEng) stock. Volume based technical analysis of Rasandik Eng (RasandikEng) stock is negative.

Rasandik Eng 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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Daily charts

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Daily chart

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