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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 2022-06-14 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1765

Date Daily Closing Price Open High Low Volume
14 Tue Jun 2022 89.70 85.10 89.75 85.10 0.653 times
13 Mon Jun 2022 91.85 98.50 98.50 83.10 0.58 times
10 Fri Jun 2022 91.85 84.05 92.95 84.05 0.56 times
09 Thu Jun 2022 87.55 90.00 90.00 87.00 0.068 times
08 Wed Jun 2022 86.55 84.65 90.90 84.65 0.139 times
07 Tue Jun 2022 86.60 87.70 89.00 85.35 1.461 times
06 Mon Jun 2022 89.05 92.05 96.40 88.10 5.052 times
03 Fri Jun 2022 92.05 98.65 98.65 92.00 0.483 times
02 Thu Jun 2022 94.75 94.95 95.30 90.60 0.592 times
01 Wed Jun 2022 90.80 97.15 97.15 90.80 0.057 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 88.8 as stoploss in an intra day buy trade for a target of 91.43. However, stock will show a bearish move below 88.8.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 83.10
Downside Target 88.25
Upside Target 96.40
Upside Target 100.00
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 82.37
Downside Intraday Target 75.03
Upside Intraday Target 97.77
Upside Intraday Target 105.83
Upside Intraday Target 90.43

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
14 Tue Jun 2022 89.70 98.50 98.50 83.10 0.169 times
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

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
14 Tue Jun 2022 89.70 97.15 98.65 83.10 0.303 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 16, 12, 15 Buy
MACD -10, -12Buy
Stochastics 51None
CCI -63Sell
RSI 58Buy
OBV -12064Sell
VWAP 90Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 BUY. Signal strength is Weak 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. Bulls 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 89.52 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.

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Daily charts

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Daily chart

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