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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 2022-11-21 View latest technical analysis

10 day averaged volume of Rasandik Eng is 3496

Date Daily Closing Price Open High Low Volume
21 Mon Nov 2022 92.25 96.70 96.75 91.05 0.712 times
18 Fri Nov 2022 92.15 92.05 95.45 90.55 0.61 times
17 Thu Nov 2022 92.05 98.35 98.35 91.55 1.07 times
16 Wed Nov 2022 94.60 97.95 97.95 93.45 1.169 times
15 Tue Nov 2022 97.95 98.25 99.45 91.15 0.267 times
14 Mon Nov 2022 95.80 98.25 98.25 95.00 4.388 times
11 Fri Nov 2022 93.60 92.25 96.70 92.25 0.236 times
10 Thu Nov 2022 96.40 96.50 97.90 92.30 0.553 times
09 Wed Nov 2022 95.95 101.85 101.85 94.05 0.668 times
07 Mon Nov 2022 97.20 97.90 102.00 95.00 0.252 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 92.4, but if it comes above 92.4, then a intra day buy could be more profitable.
If you take a sell trade below 92.4, then use 92.4 as stoploss and 90 as target. However if you take a buy trade in stock , then use 92.4 as stoploss and 94.45 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type Value
Downside Target 79.30
Downside Target 81.10
Downside Target 89.30
Upside Target 96.00
Upside Target 96.80
Upside Target 99.45
Upside Target 100.30
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 89.95
Downside Intraday Target 87.65
Upside Intraday Target 95.65
Upside Intraday Target 99.05
Upside Intraday Target 93.35

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date Weekly Closing Price Open High Low Volume
21 Mon Nov 2022 92.25 96.70 96.75 91.05 0.095 times
18 Fri Nov 2022 92.15 98.25 99.45 90.55 4.392 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

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
21 Mon Nov 2022 92.25 93.50 102.00 90.05 1.968 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 down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rasandik Eng (RasandikEng)

Indicator Name Indicator Value Indicator Signal
ADX 11, 14, 13 Sell
MACD -2, -2Sell
Stochastics 15Sell
CCI -93Buy
RSI 47Sell
OBV 6428Sell
VWAP 95Sell
ADL 0Sell
ROC -6Sell
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 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 SELL signal for Rasandik Eng in short term and the sell signal is strong.

Rasandik Eng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 94.86 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 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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