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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 2022-08-02 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1357

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 84.80 81.20 84.85 79.30 0.451 times
01 Mon Aug 2022 81.20 82.10 85.40 79.85 1.557 times
29 Fri Jul 2022 82.10 81.10 83.95 81.10 0.383 times
28 Thu Jul 2022 83.65 86.95 86.95 83.10 0.388 times
27 Wed Jul 2022 83.00 83.50 86.35 83.00 0.473 times
26 Tue Jul 2022 84.60 86.60 86.60 84.60 2.357 times
25 Mon Jul 2022 86.60 85.20 89.90 85.20 0.381 times
22 Fri Jul 2022 88.80 90.95 90.95 86.40 0.702 times
21 Thu Jul 2022 87.20 89.70 89.80 87.20 0.308 times
20 Wed Jul 2022 86.65 87.00 90.00 86.35 1.62 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 83.7 as stoploss in an intra day buy trade for a target of 86.69. However, stock will show a bearish move below 83.7.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 69.15
Downside Target 79.30
Downside Target 81.10
Downside Target 84.60
Upside Target 89.90
Upside Target 93.80
Upside Target 96.80
Upside Target 98.65
Upside Target 110.00
Upside Target 110.70
Upside Target 153.70

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 80.93
Downside Intraday Target 77.07
Upside Intraday Target 87.03
Upside Intraday Target 89.27
Downside Intraday Target 83.17

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 84.80 82.10 85.40 79.30 0.504 times
29 Fri Jul 2022 82.10 85.20 89.90 81.10 0.616 times
22 Fri Jul 2022 88.80 90.95 90.95 84.60 1.065 times
15 Fri Jul 2022 87.15 89.00 93.80 84.65 1.025 times
08 Fri Jul 2022 89.00 90.70 96.80 85.10 0.717 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
02 Tue Aug 2022 84.80 82.10 85.40 79.30 0.079 times
29 Fri Jul 2022 82.10 96.40 96.80 81.10 0.799 times
30 Thu Jun 2022 91.95 97.15 98.65 69.15 0.767 times
31 Tue May 2022 92.55 107.05 110.00 85.65 0.496 times

Scroll below to view daily charts

Price has moved up 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 15, 16, 6 Sell
MACD -4, -3Sell
Stochastics 23Sell
CCI -75Buy
RSI 53Buy
OBV -13694Sell
VWAP 85Buy
ADL 0Sell
ROC -2Sell
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 Weak and stock is gaining 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 green color and prices are in or below the green 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 84.66 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 positive

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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