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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 2022-06-22 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1352

Date Daily Closing Price Open High Low Volume
22 Wed Jun 2022 74.30 74.00 74.60 70.15 3.117 times
21 Tue Jun 2022 71.05 69.15 73.80 69.15 1.916 times
20 Mon Jun 2022 70.55 84.40 84.40 70.35 0.992 times
17 Fri Jun 2022 78.15 81.10 81.10 78.00 1.691 times
16 Thu Jun 2022 81.10 84.15 93.85 78.20 1.548 times
15 Wed Jun 2022 85.65 83.60 89.85 83.60 1.237 times
14 Tue Jun 2022 89.70 85.10 89.75 85.10 0.853 times
13 Mon Jun 2022 91.85 98.50 98.50 83.10 0.757 times
10 Fri Jun 2022 91.85 84.05 92.95 84.05 0.732 times
09 Thu Jun 2022 87.55 90.00 90.00 87.00 0.089 times

Stock of Rasandik Eng (RasandikEng) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 79.2, but if it comes above 79.2, then a intra day buy could be more profitable.
If you take a sell trade below 79.2, then use 79.2 as stoploss and 70.4 as target. However if you take a buy trade in stock , then use 79.2 as stoploss and 86.53 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 69.15
Upside Target 78.00
Upside Target 84.05
Upside Target 88.25
Upside Target 96.40
Upside Target 98.50
Upside Target 110.70
Upside Target 113.90
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 67.5
Downside Intraday Target 60.7
Upside Intraday Target 82.75
Upside Intraday Target 91.2
Upside Intraday Target 75.95

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
22 Wed Jun 2022 74.30 84.40 84.40 69.15 0.99 times
17 Fri Jun 2022 78.15 98.50 98.50 78.00 0.64 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

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
22 Wed Jun 2022 74.30 97.15 98.65 69.15 0.526 times
31 Tue May 2022 92.55 107.05 113.90 85.65 0.525 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 9, 22, 40 Sell
MACD -14, -13Sell
Stochastics 8Sell
CCI -100Buy
RSI 48Sell
OBV -12279Sell
VWAP 79Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

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 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 losing momentum.

MACD generated a SELL signal for Rasandik Eng in short term and the sell signal is strong.

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 below 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 SELL signal in short term but selling is losing 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 79.06 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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