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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 22800

Date Daily Closing Price Open High Low Volume
08 Mon Aug 2022 31.90 30.90 32.00 30.90 1.316 times
05 Fri Aug 2022 33.40 33.40 33.40 33.40 0.263 times
04 Thu Aug 2022 33.40 35.00 37.30 32.10 2.105 times
03 Wed Aug 2022 33.20 33.20 33.20 33.20 0.263 times
02 Tue Aug 2022 33.20 33.20 33.20 33.20 1.579 times
30 Sat Jul 2022 35.00 29.50 35.00 29.50 1.579 times
28 Thu Jul 2022 30.00 30.00 30.00 30.00 0.263 times
27 Wed Jul 2022 31.00 26.00 33.50 26.00 2.895 times
26 Tue Jul 2022 30.00 30.00 30.00 30.00 0.263 times
25 Mon Jul 2022 30.70 30.70 30.70 30.70 0.263 times

My analysis of stock is bullish for shortterm, and stock might move up till 34 or till 37.8. Use a stoploss of 30.83 and if this stock hits its stoploss, then it can fall down till 27.66

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 19.75
Downside Target 20.60
Downside Target 21.90
Downside Target 22.50
Downside Target 23.85
Downside Target 26.00
Downside Target 29.90
Downside Target 30.90
Upside Target 32.00
Upside Target 35.00
Upside Target 35.80
Upside Target 36.40
Upside Target 37.30

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 31.2
Downside Intraday Target 30.5
Upside Intraday Target 32.3
Upside Intraday Target 32.7
Downside Intraday Target 31.6

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
08 Mon Aug 2022 31.90 30.90 32.00 30.90 0.313 times
05 Fri Aug 2022 33.40 33.20 37.30 32.10 0.8 times
30 Sat Jul 2022 35.00 30.70 35.00 26.00 0.227 times
22 Fri Jul 2022 33.80 30.15 35.80 29.90 0.917 times
15 Fri Jul 2022 32.50 28.40 36.40 23.00 0.96 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 Mon Aug 2022 31.90 33.20 37.30 30.90 0.068 times
30 Sat 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 3.053 times
26 Thu May 2022 21.00 20.55 21.00 19.75 3.8 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, 21, 31 Buy
MACD 4, 5Sell
Stochastics 61None
CCI -17Sell
RSI 61Buy
OBV 234000Sell
VWAP 33Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) 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 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 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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 32.54 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

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Daily charts

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Daily chart

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