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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 2022-05-04 View latest technical analysis

10 day averaged volume of Rasandik Eng is 6012

Date Daily Closing Price Open High Low Volume
04 Wed May 2022 105.45 107.80 107.80 101.50 0.368 times
02 Mon May 2022 104.65 107.05 110.00 100.00 1.392 times
29 Fri Apr 2022 110.75 114.50 115.00 110.70 0.867 times
28 Thu Apr 2022 114.30 120.00 120.00 111.00 0.385 times
27 Wed Apr 2022 117.60 121.00 124.80 116.40 0.76 times
26 Tue Apr 2022 120.85 119.60 130.00 118.10 1.862 times
25 Mon Apr 2022 122.00 124.45 125.95 120.20 0.759 times
22 Fri Apr 2022 122.75 131.00 131.00 120.20 1.656 times
21 Thu Apr 2022 126.00 127.40 134.95 125.20 0.918 times
20 Wed Apr 2022 130.00 122.65 136.00 122.65 0.57 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 99.6, for a target of 115.4 or 128.48

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 99.55
Upside Target 110.00
Upside Target 118.75
Upside Target 130.00
Upside Target 136.00
Upside Target 136.10
Upside Target 149.00
Upside Target 153.70
Upside Target 161.50
Upside Target 185.35
Upside Target 197.00

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 100.3
Downside Intraday Target 95.15
Upside Intraday Target 110.3
Upside Intraday Target 115.15
Downside Intraday Target 105.15

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
04 Wed May 2022 105.45 107.05 110.00 100.00 0.38 times
29 Fri Apr 2022 110.75 124.45 130.00 110.70 0.829 times
22 Fri Apr 2022 122.75 134.40 136.00 120.20 2.197 times
13 Wed Apr 2022 135.15 142.00 149.00 131.00 0.432 times
08 Fri Apr 2022 145.40 142.50 153.70 136.10 1.075 times

Price has moved down 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
04 Wed May 2022 105.45 107.05 110.00 100.00 0.094 times
29 Fri Apr 2022 110.75 129.30 153.70 110.70 0.67 times
31 Thu Mar 2022 129.30 124.95 161.50 121.35 0.596 times
28 Mon Feb 2022 122.50 188.00 197.00 118.75 0.301 times

Scroll below to view daily charts

Price has moved down 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 8, 30, 56 Sell
MACD -14, -10Sell
Stochastics 9Sell
CCI -122Buy
RSI 55Buy
OBV -56915Sell
VWAP 118Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short 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.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short 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.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Rasandik Eng in short term and the sell signal is strong.

Rasandik Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rasandik Eng in short term but BUY 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 117.91 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 has given negative 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.

Click here for Rasandik Eng charts

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Daily charts

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Daily chart

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