(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 2021-07-26 View latest technical analysis
10 day averaged volume of Rcan is 23400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Jul 2021 | 21.45 | 21.45 | 21.45 | 21.45 | 0.256 times |
| 23 Fri Jul 2021 | 21.45 | 20.20 | 21.45 | 20.20 | 0.769 times |
| 22 Thu Jul 2021 | 20.95 | 20.20 | 20.95 | 20.20 | 1.282 times |
| 19 Mon Jul 2021 | 20.20 | 21.50 | 21.50 | 20.20 | 1.026 times |
| 16 Fri Jul 2021 | 20.20 | 20.20 | 20.20 | 20.20 | 0.769 times |
| 15 Thu Jul 2021 | 20.85 | 20.20 | 20.90 | 20.20 | 2.051 times |
| 14 Wed Jul 2021 | 20.20 | 20.00 | 21.50 | 20.00 | 1.538 times |
| 13 Tue Jul 2021 | 21.40 | 20.00 | 21.40 | 20.00 | 0.513 times |
| 08 Thu Jul 2021 | 19.95 | 19.95 | 19.95 | 19.95 | 0.256 times |
| 05 Mon Jul 2021 | 19.90 | 19.95 | 19.95 | 19.00 | 1.282 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.9, but if it comes below 20.9, then a intra day sell could be more profitable.
If you take a sell trade below 20.9, then use 20.9 as stoploss and 19.79 as target. However if you take a buy trade in stock , then use 20.9 as stoploss and 22.2 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 | 21.00 |
| Downside Target | 21.45 |
| Upside Target | 21.50 |
Intraday share price targets for Rcan (Rcan)
| Target Type | Value |
| Downside Intraday Target | 21.45 |
| Downside Intraday Target | 21.45 |
| Downside Intraday Target | 21.45 |
| Downside Intraday Target | 21.45 |
| Downside Intraday Target | 21.45 |
Weekly technical analysis of Rcan (Rcan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Jul 2021 | 21.45 | 21.45 | 21.45 | 21.45 | 0.083 times |
| 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 |
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 |
| 26 Mon Jul 2021 | 21.45 | 19.00 | 21.50 | 19.00 | 0.87 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 | 38, 14, 47 | Buy |
| MACD | 1, 0 | Buy |
| Stochastics | 91 | Buy |
| CCI | 149 | Buy |
| RSI | 52 | Buy |
| OBV | 150000 | Sell |
| VWAP | 21 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing 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 coming down
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
Although the stock is in the SELL zone, but selling 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 20.58 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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