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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 21000

Date Daily Closing Price Open High Low Volume
20 Tue Sep 2022 58.00 58.00 58.00 58.00 0.286 times
16 Fri Sep 2022 57.00 57.00 57.00 57.00 0.857 times
09 Fri Sep 2022 55.10 52.00 55.50 52.00 0.857 times
07 Wed Sep 2022 50.50 50.50 50.50 50.50 0.286 times
05 Mon Sep 2022 47.00 47.00 47.00 47.00 0.286 times
30 Tue Aug 2022 45.10 46.00 47.80 45.10 2 times
29 Mon Aug 2022 40.20 35.00 40.20 34.00 1.143 times
26 Fri Aug 2022 33.50 33.50 33.50 33.50 0.286 times
24 Wed Aug 2022 33.50 33.50 33.50 33.50 0.286 times
17 Wed Aug 2022 33.00 31.50 33.00 31.50 2.286 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 59.4, for a target of 48.1 or 38.79

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 19.75
Downside Target 21.00
Downside Target 22.50
Downside Target 23.85
Downside Target 30.65
Downside Target 33.50
Downside Target 36.40
Downside Target 47.00
Downside Target 55.50
Downside Target 57.00
Downside Target 58.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 58
Downside Intraday Target 58
Downside Intraday Target 58
Downside Intraday Target 58
Downside Intraday Target 58

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
20 Tue Sep 2022 58.00 58.00 58.00 58.00 0.333 times
16 Fri Sep 2022 57.00 57.00 57.00 57.00 0.6 times
09 Fri Sep 2022 55.10 47.00 55.50 47.00 0.455 times
30 Tue Aug 2022 45.10 35.00 47.80 34.00 5.5 times
26 Fri Aug 2022 33.50 33.50 33.50 33.50 0.105 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 Rcan (Rcan)

Date Monthly Closing Price Open High Low Volume
20 Tue Sep 2022 58.00 47.00 58.00 47.00 0.188 times
30 Tue Aug 2022 45.10 33.20 47.80 30.65 0.156 times
29 Fri Jul 2022 35.00 22.80 36.40 22.80 5.293 times
29 Wed Jun 2022 22.80 22.80 23.85 22.50 3.222 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 Rcan (Rcan)

Indicator Name Indicator Value Indicator Signal
ADX 74, 6, 84 Buy
MACD 12, 9Buy
Stochastics 99Buy
CCI 102Buy
RSI 74Buy
OBV 204000Sell
VWAP 43Buy
ADL 0Sell
ROC 83Buy
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short 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 Rcan ( (Rcan) ) based on a short 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 Rcan ( (Rcan) ) 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Rcan in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rcan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Rcan in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 43.31 and Rcan (Rcan) 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 Rcan (Rcan) stock. Volume based technical analysis of Rcan (Rcan) stock is negative.

Rcan Stock is giving positive 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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