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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 2022-06-24 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1870

Date Daily Closing Price Open High Low Volume
24 Fri Jun 2022 75.80 71.00 75.80 71.00 1.712 times
23 Thu Jun 2022 72.20 73.35 74.20 70.65 0.716 times
22 Wed Jun 2022 74.30 74.00 74.60 70.15 2.253 times
21 Tue Jun 2022 71.05 69.15 73.80 69.15 1.385 times
20 Mon Jun 2022 70.55 84.40 84.40 70.35 0.717 times
17 Fri Jun 2022 78.15 81.10 81.10 78.00 1.222 times
16 Thu Jun 2022 81.10 84.15 93.85 78.20 1.119 times
15 Wed Jun 2022 85.65 83.60 89.85 83.60 0.895 times
14 Tue Jun 2022 89.70 85.10 89.75 85.10 0.617 times
13 Mon Jun 2022 91.85 98.50 98.50 83.10 0.548 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 76.8, but if it comes above 76.8, then a intra day buy could be more profitable.
If you take a sell trade below 76.8, then use 76.8 as stoploss and 67.3 as target. However if you take a buy trade in stock , then use 76.8 as stoploss and 84.72 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 68.5
Downside Intraday Target 61.2
Upside Intraday Target 83.75
Upside Intraday Target 91.7
Upside Intraday Target 76.45

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
24 Fri Jun 2022 75.80 84.40 84.40 69.15 1.541 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, 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
24 Fri Jun 2022 75.80 97.15 98.65 69.15 0.603 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 11, 19, 29 Sell
MACD -14, -14Sell
Stochastics 17Sell
CCI -55Buy
RSI 50Sell
OBV -8384Sell
VWAP 77Sell
ADL 0Sell
ROC -17Sell
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 Strong and stock is losing momentum.

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

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 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 positive zone. This is a BUY zone

Stock of Rasandik Eng is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 77.47 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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