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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 2023-03-24 View latest technical analysis

10 day averaged volume of Rasandik Eng is 3721

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	61.67	63.25	65.99	57.61	1.779 times
23 Thu Mar 2023	63.25	67.00	67.00	62.75	0.182 times
22 Wed Mar 2023	63.29	67.50	67.50	61.10	0.73 times
21 Tue Mar 2023	62.51	62.05	63.10	56.82	2.535 times
20 Mon Mar 2023	63.13	68.30	68.30	61.85	3.53 times
17 Fri Mar 2023	63.28	61.00	67.30	61.00	0.644 times
16 Thu Mar 2023	62.17	60.01	65.15	60.01	0.652 times
15 Wed Mar 2023	65.13	65.50	68.99	65.00	0.131 times
14 Tue Mar 2023	66.65	68.30	68.30	63.55	0.702 times
13 Mon Mar 2023	65.36	71.00	71.00	63.00	0.407 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 63.1, but if it comes above 63.1, then a intra day buy could be more profitable.
If you take a sell trade below 63.1, then use 63.1 as stoploss and 59.8 as target. However if you take a buy trade in stock , then use 63.1 as stoploss and 65.84 as target.

Share price targets for Rasandik Eng (RasandikEng)

Target Type	Value
Downside Target	56.82
Downside Target	60.01
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	56.23
Downside Intraday Target	50.78
Upside Intraday Target	67.71
Upside Intraday Target	73.74
Upside Intraday Target	62.26

Weekly technical analysis of Rasandik Eng (RasandikEng)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Mar 2023	61.67	68.30	68.30	56.82	3.453 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, 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
24 Fri Mar 2023	61.67	68.90	71.00	56.82	0.919 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 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 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 SELL. 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 63.05 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.