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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 2022-05-18 View latest technical analysis

10 day averaged volume of Rasandik Eng is 3578

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 90.05 93.00 96.00 89.00 0.722 times
17 Tue May 2022 92.50 94.80 94.80 91.00 0.592 times
16 Mon May 2022 90.55 91.20 94.80 89.30 0.314 times
13 Fri May 2022 91.20 89.80 93.50 89.80 0.713 times
12 Thu May 2022 89.10 92.00 92.00 85.75 1.357 times
11 Wed May 2022 90.25 93.00 104.75 86.85 2.294 times
10 Tue May 2022 96.45 100.00 102.90 94.05 0.701 times
09 Mon May 2022 96.30 99.70 100.00 91.30 0.421 times
06 Fri May 2022 97.70 101.00 101.00 92.15 2.087 times
05 Thu May 2022 101.15 103.35 113.90 98.10 0.902 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 91.9, but if it comes above 91.9, then a intra day buy could be more profitable.
If you take a sell trade below 91.9, then use 91.9 as stoploss and 75.7 as target. However if you take a buy trade in stock , then use 91.9 as stoploss and 105.48 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 85.75
Downside Target 89.00
Upside Target 92.15
Upside Target 96.00
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 87.37
Downside Intraday Target 84.68
Upside Intraday Target 94.37
Upside Intraday Target 98.68
Upside Intraday Target 91.68

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 90.05 91.20 96.00 89.00 0.297 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 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
18 Wed May 2022 90.05 107.05 113.90 85.75 0.413 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 10, 23, 38 Sell
MACD -20, -19Sell
Stochastics 19Sell
CCI -57Sell
RSI 53Buy
OBV -69696Sell
VWAP 93Sell
ADL 0Sell
ROC -15Sell
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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 93.48 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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