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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 2022-05-06 View latest technical analysis

10 day averaged volume of Rasandik Eng is 5714

Date Daily Closing Price Open High Low Volume
06 Fri May 2022 97.70 101.00 101.00 92.15 1.307 times
05 Thu May 2022 101.15 103.35 113.90 98.10 0.565 times
04 Wed May 2022 105.45 107.80 107.80 101.50 0.388 times
02 Mon May 2022 104.65 107.05 110.00 100.00 1.465 times
29 Fri Apr 2022 110.75 114.50 115.00 110.70 0.912 times
28 Thu Apr 2022 114.30 120.00 120.00 111.00 0.405 times
27 Wed Apr 2022 117.60 121.00 124.80 116.40 0.8 times
26 Tue Apr 2022 120.85 119.60 130.00 118.10 1.96 times
25 Mon Apr 2022 122.00 124.45 125.95 120.20 0.798 times
22 Fri Apr 2022 122.75 131.00 131.00 120.20 1.742 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 91.9, for a target of 109.5 or 124.11

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 92.15
Upside Target 99.55
Upside Target 110.70
Upside Target 113.90
Upside Target 118.75
Upside Target 130.00
Upside Target 136.00
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 88.6
Downside Intraday Target 79.5
Upside Intraday Target 110.35
Upside Intraday Target 123
Upside Intraday Target 101.25

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
06 Fri May 2022 97.70 107.05 113.90 92.15 0.764 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
06 Fri May 2022 97.70 107.05 113.90 92.15 0.188 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 12, 29, 41 Sell
MACD -16, -12Sell
Stochastics 13Sell
CCI -130Sell
RSI 54Buy
OBV -74233Sell
VWAP 113Sell
ADL 0Sell
ROC -22Sell
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 gaining 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 coming down

CCI has generated a SELL signal for Rasandik Eng in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 112.99 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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