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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 2022-06-27 View latest technical analysis

10 day averaged volume of Rasandik Eng is 2091

Date Daily Closing Price Open High Low Volume
27 Mon Jun 2022 79.55 79.55 79.55 79.55 0.201 times
24 Fri Jun 2022 75.80 71.00 75.80 71.00 1.531 times
23 Thu Jun 2022 72.20 73.35 74.20 70.65 0.64 times
22 Wed Jun 2022 74.30 74.00 74.60 70.15 2.015 times
21 Tue Jun 2022 71.05 69.15 73.80 69.15 1.239 times
20 Mon Jun 2022 70.55 84.40 84.40 70.35 0.641 times
17 Fri Jun 2022 78.15 81.10 81.10 78.00 1.093 times
16 Thu Jun 2022 81.10 84.15 93.85 78.20 1.001 times
15 Wed Jun 2022 85.65 83.60 89.85 83.60 0.8 times
14 Tue Jun 2022 89.70 85.10 89.75 85.10 0.551 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 76.3 as stoploss in an intra day buy trade for a target of 84.08. However, stock will show a bearish move below 76.3.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 69.15
Downside Target 78.00
Upside Target 84.05
Upside Target 88.30
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 79.55
Downside Intraday Target 79.55
Downside Intraday Target 79.55
Downside Intraday Target 79.55
Downside Intraday Target 79.55

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
27 Mon Jun 2022 79.55 79.55 79.55 79.55 0.033 times
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

Price has moved up 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
27 Mon Jun 2022 79.55 97.15 98.65 69.15 0.61 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 16, 18, 7 Sell
MACD -13, -14Buy
Stochastics 25Sell
CCI 15Buy
RSI 50Buy
OBV -8386Sell
VWAP 77Buy
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 and BUY 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 76.79 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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