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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 2022-01-17 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1578

Date Daily Closing Price Open High Low Volume
17 Mon Jan 2022 124.00 121.80 124.35 112.00 10.587 times
14 Fri Jan 2022 113.05 114.00 119.80 113.00 0.542 times
13 Thu Jan 2022 114.00 111.00 115.90 111.00 0.192 times
12 Wed Jan 2022 112.05 123.40 123.40 110.05 0.364 times
11 Tue Jan 2022 117.90 110.00 117.90 110.00 0.32 times
10 Mon Jan 2022 112.00 110.20 120.50 110.20 1.07 times
07 Fri Jan 2022 113.05 109.10 123.55 109.10 0.619 times
06 Thu Jan 2022 116.65 118.70 120.00 99.55 3.814 times
05 Wed Jan 2022 109.45 106.10 109.95 106.10 0.822 times
04 Tue Jan 2022 106.10 111.80 113.95 105.10 1.497 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 117.7, but if it comes below 117.7, then a intra day sell could be more profitable.
If you take a sell trade below 117.7, then use 117.7 as stoploss and 109.33 as target. However if you take a buy trade in stock , then use 117.7 as stoploss and 127.9 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 71.25
Downside Target 79.00
Downside Target 82.10
Downside Target 86.75
Downside Target 90.70
Downside Target 93.40
Downside Target 95.50
Downside Target 99.55
Downside Target 110.00
Downside Target 123.40
Downside Target 123.55
Upside Target 124.35
Upside Target 124.90

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 115.88
Downside Intraday Target 107.77
Upside Intraday Target 128.23
Upside Intraday Target 132.47
Downside Intraday Target 120.12

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
17 Mon Jan 2022 124.00 121.80 124.35 112.00 4.256 times
14 Fri Jan 2022 113.05 110.20 123.40 110.00 0.331 times
07 Fri Jan 2022 113.05 106.00 123.55 99.55 1.386 times
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

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
17 Mon Jan 2022 124.00 106.00 124.35 99.55 1.72 times
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

Scroll below to view daily charts

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

Indicators analysis of Rasandik Eng (RasandikEng)

Indicator Name Indicator Value Indicator Signal
ADX 26, 6, 65 Buy
MACD 11, 10Buy
Stochastics 72Buy
CCI 168Buy
RSI 60Buy
OBV 17372Sell
VWAP 119Buy
ADL 0Sell
ROC 9Buy
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

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 gaining 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 118.93 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.

Click here for Rasandik Eng charts

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Daily charts

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Daily chart

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