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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 2022-11-04 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1152

Date Daily Closing Price Open High Low Volume
04 Fri Nov 2022 97.90 97.30 100.30 94.55 2.387 times
03 Thu Nov 2022 97.00 90.20 97.60 90.20 0.452 times
02 Wed Nov 2022 93.50 95.00 95.00 91.00 0.486 times
01 Tue Nov 2022 92.45 93.50 93.50 90.05 1.069 times
31 Mon Oct 2022 92.95 92.80 94.65 90.70 2.216 times
28 Fri Oct 2022 93.00 95.50 95.50 91.35 1.513 times
27 Thu Oct 2022 95.35 94.40 95.65 90.25 0.505 times
25 Tue Oct 2022 94.25 94.80 94.80 89.30 0.394 times
24 Mon Oct 2022 92.20 95.90 96.00 90.10 0.248 times
21 Fri Oct 2022 92.45 96.95 96.95 90.00 2.504 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 97.2, but if it comes below 97.2, then a intra day sell could be more profitable.
If you take a sell trade below 97.2, then use 97.2 as stoploss and 95.12 as target. However if you take a buy trade in stock , then use 97.2 as stoploss and 99.7 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 79.30
Downside Target 81.10
Downside Target 89.30
Downside Target 96.00
Upside Target 100.30
Upside Target 100.50
Upside Target 101.00
Upside Target 126.80
Upside Target 133.10

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 91.87
Downside Intraday Target 85.83
Upside Intraday Target 102.12
Upside Intraday Target 106.33
Downside Intraday Target 96.08

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
04 Fri Nov 2022 97.90 92.80 100.30 90.05 2.485 times
28 Fri Oct 2022 93.00 95.90 96.00 89.30 0.543 times
21 Fri Oct 2022 92.45 95.00 100.50 90.00 0.94 times
14 Fri Oct 2022 94.90 99.00 101.00 90.70 2.055 times
07 Fri Oct 2022 98.05 100.85 101.00 93.00 0.46 times

Price has moved up 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
04 Fri Nov 2022 97.90 93.50 100.30 90.05 0.251 times
31 Mon Oct 2022 92.95 100.85 101.00 89.30 0.136 times
30 Fri Sep 2022 98.75 133.10 133.10 92.00 1.696 times
30 Tue Aug 2022 126.80 82.10 126.80 79.30 2.545 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 18, 10, 29 Buy
MACD -2, -3Buy
Stochastics 69None
CCI 244Buy
RSI 56Buy
OBV -5711Sell
VWAP 94Buy
ADL 0Sell
ROC 4Buy
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid 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 mid to longer term time period is

ADX buy sell signal for Rasandik Eng stock for short term is BUY. Signal strength is Strong and stock is gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 but buying 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 94.12 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 rising upwards.

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 is giving positive 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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