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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)

Showing technical analysis as on 2021-07-23 View latest technical analysis

10 day averaged volume of Rcan is 22200

Date Daily Closing Price Open High Low Volume
23 Fri Jul 2021 21.45 20.20 21.45 20.20 0.811 times
22 Thu Jul 2021 20.95 20.20 20.95 20.20 1.351 times
19 Mon Jul 2021 20.20 21.50 21.50 20.20 1.081 times
16 Fri Jul 2021 20.20 20.20 20.20 20.20 0.811 times
15 Thu Jul 2021 20.85 20.20 20.90 20.20 2.162 times
14 Wed Jul 2021 20.20 20.00 21.50 20.00 1.622 times
13 Tue Jul 2021 21.40 20.00 21.40 20.00 0.541 times
08 Thu Jul 2021 19.95 19.95 19.95 19.95 0.27 times
05 Mon Jul 2021 19.90 19.95 19.95 19.00 1.351 times
02 Fri Jul 2021 19.95 19.00 19.95 19.00 0.541 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.7, but if it comes below 20.7, then a intra day sell could be more profitable.
If you take a sell trade below 20.7, then use 20.7 as stoploss and 19.58 as target. However if you take a buy trade in stock , then use 20.7 as stoploss and 22.1 as target.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 17.00
Downside Target 18.35
Downside Target 19.00
Downside Target 19.50
Downside Target 19.95
Downside Target 20.00
Downside Target 20.20
Downside Target 21.00
Upside Target 21.50

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 20.6
Downside Intraday Target 19.75
Upside Intraday Target 21.9
Upside Intraday Target 22.35
Downside Intraday Target 21.05

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
23 Fri Jul 2021 21.45 21.50 21.50 20.20 0.632 times
16 Fri Jul 2021 20.20 20.00 21.50 20.00 3.167 times
08 Thu Jul 2021 19.95 19.95 19.95 19.00 2 times
02 Fri Jul 2021 19.95 20.00 20.00 19.00 0.2 times
18 Fri Jun 2021 18.50 18.35 20.00 18.35 0.714 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
23 Fri Jul 2021 21.45 19.00 21.50 19.00 0.848 times
23 Wed Jun 2021 20.00 17.40 20.00 17.30 3.067 times
31 Mon May 2021 17.40 18.00 19.50 17.00 0.238 times
29 Thu Apr 2021 18.50 20.75 21.00 18.35 0 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 39, 14, 48 Buy
MACD 2, 0Buy
Stochastics 78Buy
CCI 99Buy
RSI 52Buy
OBV 150000Sell
VWAP 21Buy
ADL 0Sell
ROC 7Buy
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 negative zone. This is the SELL zone

Stock of Rcan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.53 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.

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Daily charts

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Daily chart

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