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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 2022-06-07 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1758

Date Daily Closing Price Open High Low Volume
07 Tue Jun 2022 86.60 87.70 89.00 85.35 1.466 times
06 Mon Jun 2022 89.05 92.05 96.40 88.10 5.072 times
03 Fri Jun 2022 92.05 98.65 98.65 92.00 0.485 times
02 Thu Jun 2022 94.75 94.95 95.30 90.60 0.594 times
01 Wed Jun 2022 90.80 97.15 97.15 90.80 0.057 times
31 Tue May 2022 92.55 88.30 96.00 88.30 1.012 times
30 Mon May 2022 92.35 90.00 98.50 90.00 0.096 times
27 Fri May 2022 94.00 94.00 94.00 88.60 0.24 times
26 Thu May 2022 90.20 88.25 93.90 88.25 0.945 times
25 Wed May 2022 91.45 96.80 96.80 88.70 0.21 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 86.7, for a target of 89.4 or 91.74

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 85.35
Upside Target 88.25
Upside Target 96.40
Upside Target 104.75
Upside Target 110.00
Upside Target 110.70
Upside Target 118.75
Upside Target 121.35
Upside Target 153.70
Upside Target 161.50
Upside Target 197.00

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 82.5
Downside Intraday Target 78.4
Upside Intraday Target 93.55
Upside Intraday Target 100.5
Upside Intraday Target 89.45

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
07 Tue Jun 2022 86.60 92.05 96.40 85.35 2.915 times
03 Fri Jun 2022 92.05 90.00 98.65 88.30 0.606 times
27 Fri May 2022 94.00 92.65 100.00 88.25 0.653 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 1.087 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rasandik Eng (RasandikEng)

Date Monthly Closing Price Open High Low Volume
07 Tue Jun 2022 86.60 97.15 98.65 85.35 0.241 times
31 Tue May 2022 92.55 107.05 110.00 85.65 0.496 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

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, 22, 23 Sell
MACD -13, -14Buy
Stochastics 17Sell
CCI -237Sell
RSI 56Buy
OBV -20900Sell
VWAP 90Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid term time period is

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.

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 89.83 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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