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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 2022-08-08 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1447

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 83.20 81.20 86.40 79.65 1.023 times
05 Fri Aug 2022 83.95 83.55 88.95 83.50 0.626 times
04 Thu Aug 2022 87.90 92.00 92.00 83.45 1.871 times
03 Wed Aug 2022 87.80 85.45 89.00 85.45 1.886 times
02 Tue Aug 2022 84.80 81.20 84.85 79.30 0.423 times
01 Mon Aug 2022 81.20 82.10 85.40 79.85 1.46 times
29 Fri Jul 2022 82.10 81.10 83.95 81.10 0.359 times
28 Thu Jul 2022 83.65 86.95 86.95 83.10 0.364 times
27 Wed Jul 2022 83.00 83.50 86.35 83.00 0.444 times
26 Tue Jul 2022 84.60 86.60 86.60 84.60 2.21 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.4, but if it comes above 83.4, then a intra day buy could be more profitable.
If you take a sell trade below 83.4, then use 83.4 as stoploss and 80.5 as target. However if you take a buy trade in stock , then use 83.4 as stoploss and 85.8 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 69.15
Downside Target 79.30
Upside Target 84.60
Upside Target 89.90
Upside Target 92.00
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 79.77
Downside Intraday Target 76.33
Upside Intraday Target 86.52
Upside Intraday Target 89.83
Downside Intraday Target 83.08

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 83.20 81.20 86.40 79.65 0.163 times
05 Fri Aug 2022 83.95 82.10 92.00 79.30 1.678 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

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
08 Mon Aug 2022 83.20 82.10 92.00 79.30 0.307 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 19, 17, 6 Buy
MACD -3, -3Buy
Stochastics 45None
CCI -61Sell
RSI 51Buy
OBV -8300Sell
VWAP 85Sell
ADL 0Sell
ROC -4Sell
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 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 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 losing momentum.

MACD generated a BUY signal for Rasandik Eng in short term but the buy signal is initial and weak.

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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 84.93 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 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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