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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 27600

Date Daily Closing Price Open High Low Volume
17 Wed Aug 2022 33.00 31.50 33.00 31.50 1.739 times
16 Tue Aug 2022 31.70 30.65 32.00 30.65 1.304 times
08 Mon Aug 2022 31.90 30.90 32.00 30.90 1.087 times
05 Fri Aug 2022 33.40 33.40 33.40 33.40 0.217 times
04 Thu Aug 2022 33.40 35.00 37.30 32.10 1.739 times
03 Wed Aug 2022 33.20 33.20 33.20 33.20 0.217 times
02 Tue Aug 2022 33.20 33.20 33.20 33.20 1.304 times
30 Sat Jul 2022 35.00 29.50 35.00 29.50 1.304 times
28 Thu Jul 2022 30.00 30.00 30.00 30.00 0.217 times
27 Wed Jul 2022 31.00 26.00 33.50 26.00 2.391 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 33.8 as stoploss in an intra day sell trade for a target of 31.7. However, stock will show a bullish move above 33.8.

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 30.65
Downside Target 32.10
Downside Target 33.00
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 31.43
Downside Intraday Target 29.87
Upside Intraday Target 33.78
Upside Intraday Target 34.57
Downside Intraday Target 32.22

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
17 Wed Aug 2022 33.00 30.90 33.00 30.65 1.188 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
17 Wed Aug 2022 33.00 33.20 37.30 30.65 0.114 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, 19, 34 Buy
MACD 4, 4Sell
Stochastics 55None
CCI 11Buy
RSI 62Buy
OBV 258000Sell
VWAP 33Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

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 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 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 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 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

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 32.6 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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