Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2021-12-31 View latest technical analysis

10 day averaged volume of Rasandik Eng is 858

Date Daily Closing Price Open High Low Volume
31 Fri Dec 2021 104.55 118.00 118.00 102.50 1.841 times
30 Thu Dec 2021 111.00 124.00 124.00 110.00 1.015 times
29 Wed Dec 2021 114.35 124.90 124.90 110.10 3.417 times
28 Tue Dec 2021 116.00 119.45 119.45 109.00 0.837 times
27 Mon Dec 2021 109.15 101.40 109.15 95.50 2.865 times
24 Fri Dec 2021 99.25 98.00 100.90 98.00 0.723 times
23 Thu Dec 2021 92.20 98.45 98.45 90.70 0.154 times
22 Wed Dec 2021 91.70 98.90 98.90 91.40 0.275 times
21 Tue Dec 2021 96.00 96.90 96.90 96.00 0.023 times
20 Mon Dec 2021 96.90 99.00 99.00 90.70 0.579 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 107.6 as stoploss in an intra day sell trade for a target of 99.42. However, stock will show a bullish move above 107.6.

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
Upside Target 104.80
Upside Target 105.40
Upside Target 124.90

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 91.73
Downside Intraday Target 78.92
Upside Intraday Target 121.13
Upside Intraday Target 137.72
Upside Intraday Target 108.32

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
31 Fri Dec 2021 104.55 101.40 124.90 95.50 5.687 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
31 Fri Dec 2021 104.55 81.00 124.90 79.30 0.282 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 25, 17, 20 Buy
MACD 9, 8Buy
Stochastics 57None
CCI 38Sell
RSI 54Buy
OBV 4042Sell
VWAP 109Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Rasandik Eng in short term and the buy signal is strong.

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 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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 108.72 and Rasandik Eng (RasandikEng) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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.

Click here for Rasandik Eng charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme