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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 7100

Date Daily Closing Price Open High Low Volume
10 Fri May 2024 139.70 134.80 139.70 134.80 2.535 times
09 Thu May 2024 134.05 135.00 135.00 134.05 0.282 times
08 Wed May 2024 141.00 141.00 141.00 141.00 0.141 times
07 Tue May 2024 140.00 140.00 140.00 140.00 0.141 times
06 Mon May 2024 145.90 152.50 152.50 145.90 0.423 times
02 Thu May 2024 153.50 153.50 153.50 153.50 0.141 times
23 Tue Apr 2024 154.00 146.90 154.00 146.90 1.831 times
16 Tue Apr 2024 146.95 146.90 146.95 146.90 2.394 times
12 Fri Apr 2024 140.00 140.00 140.00 140.00 3.521 times
04 Thu Apr 2024 139.10 139.00 139.60 139.00 0.986 times

Stock of Rcan (Rcan) has showed a significant upmove. This could be a good time to enter in this stock!

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 145.6 as stoploss in an intra day sell trade for a target of 131.71. However, stock will show a bullish move above 145.6.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 105.00
Downside Target 112.00
Downside Target 123.30
Downside Target 129.40
Downside Target 134.05
Upside Target 140.00
Upside Target 146.90
Upside Target 152.50
Upside Target 154.00
Upside Target 163.00
Upside Target 164.60
Upside Target 168.75
Upside Target 196.00
Upside Target 202.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 131.67
Downside Intraday Target 123.63
Upside Intraday Target 150.12
Upside Intraday Target 160.53
Upside Intraday Target 142.08

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
10 Fri May 2024 139.70 152.50 152.50 134.05 1.786 times
02 Thu May 2024 153.50 146.90 154.00 146.90 0.824 times
16 Tue Apr 2024 146.95 146.90 146.95 146.90 0.258 times
12 Fri Apr 2024 140.00 129.40 140.00 129.40 0.391 times
28 Thu Mar 2024 123.30 112.00 123.30 112.00 0.446 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rcan (Rcan)

Date Monthly Closing Price Open High Low Volume
10 Fri May 2024 139.70 153.50 153.50 134.05 0.271 times
23 Tue Apr 2024 154.00 129.40 154.00 129.40 0.17 times
28 Thu Mar 2024 123.30 168.75 168.75 105.00 2.665 times
28 Wed Feb 2024 168.75 193.55 202.00 164.60 0.995 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)

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 neutral. A longer time frame might give a better analysis.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rcan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rcan in short term but the buy signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 143.51 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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 neutral. A longer time frame might give a better analysis.

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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Rcan stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rcan in short term but the buy signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears 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 but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 143.51 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.

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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