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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 2022-11-15 View latest technical analysis

10 day averaged volume of Rasandik Eng is 2893

Date Daily Closing Price Open High Low Volume
15 Tue Nov 2022 97.95 98.25 99.45 91.15 0.323 times
14 Mon Nov 2022 95.80 98.25 98.25 95.00 5.302 times
11 Fri Nov 2022 93.60 92.25 96.70 92.25 0.285 times
10 Thu Nov 2022 96.40 96.50 97.90 92.30 0.668 times
09 Wed Nov 2022 95.95 101.85 101.85 94.05 0.807 times
07 Mon Nov 2022 97.20 97.90 102.00 95.00 0.304 times
04 Fri Nov 2022 97.90 97.30 100.30 94.55 0.951 times
03 Thu Nov 2022 97.00 90.20 97.60 90.20 0.18 times
02 Wed Nov 2022 93.50 95.00 95.00 91.00 0.194 times
01 Tue Nov 2022 92.45 93.50 93.50 90.05 0.426 times

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 95.13 as target. However if you take a buy trade in stock , then use 97.2 as stoploss and 99.6 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 99.45
Upside Target 100.30
Upside Target 100.50
Upside Target 101.00
Upside Target 102.00
Upside Target 126.80
Upside Target 133.10

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Intraday Target 92.92
Downside Intraday Target 87.88
Upside Intraday Target 101.22
Upside Intraday Target 104.48
Downside Intraday Target 96.18

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
15 Tue Nov 2022 97.95 98.25 99.45 91.15 2.724 times
11 Fri Nov 2022 93.60 97.90 102.00 92.25 0.784 times
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

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
15 Tue Nov 2022 97.95 93.50 102.00 90.05 1.352 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 13, 15, 7 Sell
MACD -1, -2Buy
Stochastics 48None
CCI 28Sell
RSI 55Buy
OBV 10954Sell
VWAP 96Buy
ADL 0Sell
ROC 5Buy
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rasandik Eng ( (RasandikEng) ) based on a short to mid 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 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 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 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 SELL signal for Rasandik Eng in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 95.94 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.

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Daily charts

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Daily chart

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