(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 2022-05-17 View latest technical analysis
10 day averaged volume of Rasandik Eng is 4203
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 92.50 | 94.80 | 94.80 | 91.00 | 0.504 times |
| 16 Mon May 2022 | 90.55 | 91.20 | 94.80 | 89.30 | 0.267 times |
| 13 Fri May 2022 | 91.20 | 89.80 | 93.50 | 89.80 | 0.607 times |
| 12 Thu May 2022 | 89.10 | 92.00 | 92.00 | 85.75 | 1.155 times |
| 11 Wed May 2022 | 90.25 | 93.00 | 104.75 | 86.85 | 1.953 times |
| 10 Tue May 2022 | 96.45 | 100.00 | 102.90 | 94.05 | 0.596 times |
| 09 Mon May 2022 | 96.30 | 99.70 | 100.00 | 91.30 | 0.358 times |
| 06 Fri May 2022 | 97.70 | 101.00 | 101.00 | 92.15 | 1.777 times |
| 05 Thu May 2022 | 101.15 | 103.35 | 113.90 | 98.10 | 0.768 times |
| 04 Wed May 2022 | 105.45 | 107.80 | 107.80 | 101.50 | 0.527 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 93.4, but if it comes above 93.4, then a intra day buy could be more profitable.
If you take a sell trade below 93.4, then use 93.4 as stoploss and 76.4 as target. However if you take a buy trade in stock , then use 93.4 as stoploss and 107.55 as target.
Share price targets for Rasandik Eng (RasandikEng)
| Target Type | Value |
| Downside Target | 85.75 |
| Downside Target | 89.30 |
| Downside Target | 92.15 |
| Upside Target | 94.80 |
| 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 | 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 | 89.6 |
| Downside Intraday Target | 86.7 |
| Upside Intraday Target | 95.1 |
| Upside Intraday Target | 97.7 |
| Downside Intraday Target | 92.2 |
Weekly technical analysis of Rasandik Eng (RasandikEng)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Tue May 2022 | 92.50 | 91.20 | 94.80 | 89.30 | 0.165 times |
| 13 Fri May 2022 | 91.20 | 99.70 | 104.75 | 85.75 | 0.922 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 |
Price has moved up 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 |
| 17 Tue May 2022 | 92.50 | 107.05 | 113.90 | 85.75 | 0.39 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, 23, 33 | Sell |
| MACD | -20, -19 | Sell |
| Stochastics | 20 | Sell |
| CCI | -50 | Buy |
| RSI | 53 | Buy |
| OBV | -76807 | Sell |
| VWAP | 94 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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.
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 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 in or above 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 94.47 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.
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