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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 2023-03-20 View latest technical analysis

10 day averaged volume of Rasandik Eng is 1763

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	63.13	68.30	68.30	61.85	7.45 times
17 Fri Mar 2023	63.28	61.00	67.30	61.00	1.36 times
16 Thu Mar 2023	62.17	60.01	65.15	60.01	1.376 times
15 Wed Mar 2023	65.13	65.50	68.99	65.00	0.276 times
14 Tue Mar 2023	66.65	68.30	68.30	63.55	1.482 times
13 Mon Mar 2023	65.36	71.00	71.00	63.00	0.859 times
10 Fri Mar 2023	69.98	67.55	70.99	67.55	1.027 times
09 Thu Mar 2023	67.84	71.00	71.00	67.16	2.195 times
08 Wed Mar 2023	68.94	65.00	68.94	65.00	0.035 times
06 Mon Mar 2023	66.86	67.50	69.30	66.38	0.598 times

Stock of Rasandik Eng (RasandikEng) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 64.6, but if it comes above 64.6, then a intra day buy could be more profitable.
If you take a sell trade below 64.6, then use 64.6 as stoploss and 61 as target. However if you take a buy trade in stock , then use 64.6 as stoploss and 67.59 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type	Value
Downside Target	60.01
Downside Target	61.85
Upside Target	65.00
Upside Target	68.10
Upside Target	71.00
Upside Target	77.80
Upside Target	85.60
Upside Target	86.65
Upside Target	90.05
Upside Target	93.75
Upside Target	97.90
Upside Target	98.00
Upside Target	102.00

Intraday share price targets for Rasandik Eng (RasandikEng)

Target Type	Value
Downside Intraday Target	60.55
Downside Intraday Target	57.98
Upside Intraday Target	67
Upside Intraday Target	70.88
Upside Intraday Target	64.43

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	63.13	68.30	68.30	61.85	1.392 times
17 Fri Mar 2023	63.28	71.00	71.00	60.01	1.388 times
10 Fri Mar 2023	69.98	67.50	71.00	65.00	0.27 times
03 Fri Mar 2023	68.06	71.90	71.90	65.00	2.372 times
24 Fri Feb 2023	71.95	73.90	77.80	68.10	0.443 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
20 Mon Mar 2023	63.13	68.90	71.00	60.01	0.595 times
28 Tue Feb 2023	66.00	93.65	93.75	65.00	1.664 times
31 Tue Jan 2023	89.90	93.90	97.90	86.65	0.99 times
30 Fri Dec 2022	90.95	95.30	98.00	85.60	0.747 times

Scroll below to view daily charts

Price has moved down 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)

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 Strong 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 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 red color and prices are below the red cloud Prices appear to be coming down

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 but selling is losing 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 64.71 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.