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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 2022-06-10 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1623

Date Daily Closing Price Open High Low Volume
10 Fri Jun 2022 91.85 84.05 92.95 84.05 0.609 times
09 Thu Jun 2022 87.55 90.00 90.00 87.00 0.074 times
08 Wed Jun 2022 86.55 84.65 90.90 84.65 0.152 times
07 Tue Jun 2022 86.60 87.70 89.00 85.35 1.588 times
06 Mon Jun 2022 89.05 92.05 96.40 88.10 5.494 times
03 Fri Jun 2022 92.05 98.65 98.65 92.00 0.525 times
02 Thu Jun 2022 94.75 94.95 95.30 90.60 0.644 times
01 Wed Jun 2022 90.80 97.15 97.15 90.80 0.062 times
31 Tue May 2022 92.55 88.30 96.00 88.30 1.096 times
30 Mon May 2022 92.35 90.00 98.50 90.00 0.104 times

My analysis of stock is bullish for shortterm, and stock might move up till 94.2 or till 97.4. Use a stoploss of 91.51 and if this stock hits its stoploss, then it can fall down till 88.86

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 84.05
Downside 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 85.13
Downside Intraday Target 78.42
Upside Intraday Target 97.48
Upside Intraday Target 103.12
Downside Intraday Target 90.77

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
10 Fri Jun 2022 91.85 92.05 96.40 84.05 3.258 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
10 Fri Jun 2022 91.85 97.15 98.65 84.05 0.265 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 13, 16, 13 Sell
MACD -12, -13Buy
Stochastics 29Sell
CCI -39Buy
RSI 58Buy
OBV -9481Sell
VWAP 90Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 Weak and stock is losing 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 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 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 89.71 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 rising upwards.

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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Daily charts

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Daily chart

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