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 2022-05-24 View latest technical analysis

10 day averaged volume of Rasandik Eng is 2987

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 92.90 92.40 94.95 91.20 0.759 times
23 Mon May 2022 95.30 92.65 100.00 92.65 0.597 times
20 Fri May 2022 96.85 96.75 96.85 89.05 0.97 times
19 Thu May 2022 92.25 92.00 94.00 85.65 0.417 times
18 Wed May 2022 90.05 93.00 96.00 89.00 0.865 times
17 Tue May 2022 92.50 94.80 94.80 91.00 0.709 times
16 Mon May 2022 90.55 91.20 94.80 89.30 0.376 times
13 Fri May 2022 91.20 89.80 93.50 89.80 0.854 times
12 Thu May 2022 89.10 92.00 92.00 85.75 1.625 times
11 Wed May 2022 90.25 93.00 104.75 86.85 2.748 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 89.8 as stoploss in an intra day buy trade for a target of 99.31. However, stock will show a bearish move below 89.8.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 85.65
Downside Target 91.20
Upside Target 96.85
Upside Target 99.55
Upside Target 104.75
Upside Target 110.70
Upside Target 113.90
Upside Target 118.75
Upside Target 121.35
Upside Target 130.00
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 89.4
Downside Intraday Target 85.9
Upside Intraday Target 98.2
Upside Intraday Target 103.5
Upside Intraday Target 94.7

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 92.90 92.65 100.00 91.20 0.406 times
20 Fri May 2022 96.85 91.20 96.85 85.65 0.508 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

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
24 Tue May 2022 92.90 107.05 113.90 85.65 0.486 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 14, 21, 20 Sell
MACD -17, -18Buy
Stochastics 49None
CCI 25Sell
RSI 55Buy
OBV -55709Sell
VWAP 92Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 BUY signal for Rasandik Eng in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rasandik Eng Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

CCI has generated a SELL signal for Rasandik Eng in short term but SELL signal is weak.

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 91.53 and Rasandik Eng (RasandikEng) stock is trading above this level. This is a good sign for the stock and it could move higher. 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