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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)

Showing technical analysis as on 2021-12-30 View latest technical analysis

10 day averaged volume of Rasandik Eng is 836

Date Daily Closing Price Open High Low Volume
30 Thu Dec 2021 111.00 124.00 124.00 110.00 1.042 times
29 Wed Dec 2021 114.35 124.90 124.90 110.10 3.507 times
28 Tue Dec 2021 116.00 119.45 119.45 109.00 0.859 times
27 Mon Dec 2021 109.15 101.40 109.15 95.50 2.94 times
24 Fri Dec 2021 99.25 98.00 100.90 98.00 0.742 times
23 Thu Dec 2021 92.20 98.45 98.45 90.70 0.158 times
22 Wed Dec 2021 91.70 98.90 98.90 91.40 0.282 times
21 Tue Dec 2021 96.00 96.90 96.90 96.00 0.024 times
20 Mon Dec 2021 96.90 99.00 99.00 90.70 0.594 times
17 Fri Dec 2021 99.45 98.00 99.45 89.20 0.114 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 107.1, but if it comes below 107.1, then a intra day sell could be more profitable.
If you take a sell trade below 107.1, then use 107.1 as stoploss and 98.42 as target. However if you take a buy trade in stock , then use 107.1 as stoploss and 117.5 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 70.50
Downside Target 79.00
Downside Target 84.90
Downside Target 86.75
Downside Target 89.20
Downside Target 93.40
Downside Target 95.50
Downside Target 99.90
Downside Target 100.90
Downside Target 104.80
Downside Target 105.40
Upside Target 124.90

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 96.03
Downside Intraday Target 81.07
Upside Intraday Target 125.43
Upside Intraday Target 139.87
Downside Intraday Target 110.47

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
30 Thu Dec 2021 111.00 101.40 124.90 95.50 4.637 times
24 Fri Dec 2021 99.25 99.00 100.90 90.70 0.68 times
17 Fri Dec 2021 99.45 104.70 104.80 89.20 0.337 times
10 Fri Dec 2021 98.75 80.55 105.40 80.55 1.027 times
03 Fri Dec 2021 84.45 79.00 84.90 79.00 0.288 times

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

Monthly technical analysis of Rasandik Eng (RasandikEng)

Date Monthly Closing Price Open High Low Volume
30 Thu Dec 2021 111.00 81.00 124.90 79.30 0.259 times
30 Tue Nov 2021 82.00 88.45 99.90 79.00 0.87 times
29 Fri Oct 2021 86.95 90.80 93.40 82.10 0.334 times
30 Thu Sep 2021 86.65 73.50 86.75 71.25 8.884 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 29, 11, 47 Buy
MACD 10, 7Buy
Stochastics 73Buy
CCI 102Sell
RSI 58Buy
OBV 5622Sell
VWAP 109Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) 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 Rasandik Eng ( (RasandikEng) ) 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 Rasandik Eng ( (RasandikEng) ) 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 Rasandik Eng ( (RasandikEng) ) 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 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 and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rasandik Eng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Rasandik Eng in short term but SELL signal is weak.

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 109.38 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 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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Daily charts

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Daily chart

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