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 2022-05-11 View latest technical analysis

10 day averaged volume of Rasandik Eng is 4858

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 90.25 93.00 104.75 86.85 1.69 times
10 Tue May 2022 96.45 100.00 102.90 94.05 0.516 times
09 Mon May 2022 96.30 99.70 100.00 91.30 0.31 times
06 Fri May 2022 97.70 101.00 101.00 92.15 1.537 times
05 Thu May 2022 101.15 103.35 113.90 98.10 0.664 times
04 Wed May 2022 105.45 107.80 107.80 101.50 0.456 times
02 Mon May 2022 104.65 107.05 110.00 100.00 1.723 times
29 Fri Apr 2022 110.75 114.50 115.00 110.70 1.072 times
28 Thu Apr 2022 114.30 120.00 120.00 111.00 0.476 times
27 Wed Apr 2022 117.60 121.00 124.80 116.40 0.941 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 101.4, but if it comes above 101.4, then a intra day buy could be more profitable.
If you take a sell trade below 101.4, then use 101.4 as stoploss and 83.1 as target. However if you take a buy trade in stock , then use 101.4 as stoploss and 116.64 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 86.85
Upside Target 92.15
Upside Target 99.55
Upside Target 104.75
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 83.15
Downside Intraday Target 76.05
Upside Intraday Target 101.05
Upside Intraday Target 111.85
Upside Intraday Target 93.95

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 90.25 99.70 104.75 86.85 0.574 times
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

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
11 Wed May 2022 90.25 107.05 113.90 86.85 0.296 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 11, 27, 43 Sell
MACD -19, -16Sell
Stochastics 12Sell
CCI -104Sell
RSI 51Buy
OBV -87039Sell
VWAP 102Sell
ADL 0Sell
ROC -25Sell
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 getting stronger in this stock.

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 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 102.47 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

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