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(Rcan) Rcan complete technical analysis [charts+indicators] | Buy/Sell Rcan | (Rcan) share price targets

Complete technical analysis of Rcan (Rcan) by charts plus indicators, forecast predictions and share price targets for Rcan (Rcan)

10 day averaged volume of Rcan is 24000

Date Daily Closing Price Open High Low Volume
08 Fri Oct 2021 20.50 20.50 20.50 20.50 0.25 times
06 Wed Oct 2021 21.00 21.00 21.00 21.00 1 times
05 Tue Oct 2021 20.50 20.50 20.50 20.50 0.75 times
04 Mon Oct 2021 20.90 20.50 21.00 20.50 1.75 times
01 Fri Oct 2021 20.50 20.50 20.50 20.50 0.5 times
30 Thu Sep 2021 20.80 20.50 20.80 20.50 1 times
29 Wed Sep 2021 21.00 20.50 21.00 20.50 1.25 times
22 Wed Sep 2021 21.00 20.50 21.00 20.50 2.5 times
21 Tue Sep 2021 20.50 20.50 20.50 20.50 0.5 times
20 Mon Sep 2021 20.50 20.50 20.50 20.50 0.25 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.4 as stoploss in an intra day buy trade for a target of 20.69. However, stock will show a bearish move below 20.4.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 17.30
Downside Target 19.00
Downside Target 20.00
Downside Target 20.50
Upside Target 21.00
Upside Target 21.50
Upside Target 22.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 20.33
Downside Intraday Target 20.17
Upside Intraday Target 20.83
Upside Intraday Target 21.17
Upside Intraday Target 20.67

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
08 Fri Oct 2021 20.50 20.50 21.00 20.50 1.364 times
01 Fri Oct 2021 20.50 20.50 21.00 20.50 0.846 times
22 Wed Sep 2021 21.00 20.50 21.00 20.50 3.25 times
17 Fri Sep 2021 20.70 21.50 21.50 20.50 1 times
09 Thu Sep 2021 20.70 20.50 20.70 20.50 0.8 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 Rcan (Rcan)

Date Monthly Closing Price Open High Low Volume
08 Fri Oct 2021 20.50 20.50 21.00 20.50 0.586 times
30 Thu Sep 2021 20.80 20.50 21.50 20.50 1.16 times
31 Tue Aug 2021 20.50 20.50 21.50 20.50 0.543 times
30 Fri Jul 2021 22.00 19.00 22.00 19.00 1 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 Rcan (Rcan)

Indicator Name Indicator Value Indicator Signal
ADX 39, 26, 20 Buy
MACD 0, 1Sell
Stochastics 33None
CCI -67Sell
RSI 53Buy
OBV 72000Sell
VWAP 21Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is

Price action analysis of Rcan ( (Rcan) ) 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 Rcan ( (Rcan) ) 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 Rcan ( (Rcan) ) based on a mid to longer 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.

ADX buy sell signal for Rcan stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Rcan in short term but the sell signal is initial and weak.

Rcan 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rcan in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 Rcan is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.85 and Rcan (Rcan) 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 Rcan (Rcan) stock. Volume based technical analysis of Rcan (Rcan) stock is negative.

Rcan Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rcan charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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