(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 12600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 20.00 | 20.00 | 20.00 | 20.00 | 0.476 times |
| 09 Mon May 2022 | 20.50 | 20.50 | 20.50 | 20.50 | 0.476 times |
| 05 Thu May 2022 | 20.50 | 20.50 | 20.50 | 20.50 | 0.476 times |
| 02 Mon May 2022 | 20.55 | 20.55 | 20.55 | 20.55 | 0.476 times |
| 12 Tue Apr 2022 | 20.60 | 20.60 | 20.60 | 20.60 | 0.476 times |
| 01 Fri Apr 2022 | 21.90 | 21.90 | 21.90 | 21.90 | 1.905 times |
| 24 Thu Mar 2022 | 20.60 | 20.60 | 20.60 | 20.60 | 0.476 times |
| 08 Tue Mar 2022 | 21.00 | 21.00 | 21.00 | 21.00 | 1.905 times |
| 04 Fri Mar 2022 | 21.50 | 21.00 | 21.50 | 21.00 | 2.857 times |
| 02 Wed Mar 2022 | 21.00 | 21.00 | 21.00 | 21.00 | 0.476 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.4, but if it comes above 20.4, then a intra day buy could be more profitable.
If you take a sell trade below 20.4, then use 20.4 as stoploss and 19.7 as target. However if you take a buy trade in stock , then use 20.4 as stoploss and 20.97 as target.
Share price targets for Rcan (Rcan)
| Target Type | Value |
| Downside Target | 20.00 |
| Upside Target | 20.50 |
| Upside Target | 20.60 |
| Upside Target | 21.00 |
| Upside Target | 21.50 |
| Upside Target | 21.90 |
| Upside Target | 22.00 |
Intraday share price targets for Rcan (Rcan)
| Target Type | Value |
| Downside Intraday Target | 19.83 |
| Downside Intraday Target | 19.67 |
| Upside Intraday Target | 20.33 |
| Upside Intraday Target | 20.67 |
| Upside Intraday Target | 20.17 |
Weekly technical analysis of Rcan (Rcan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Thu May 2022 | 20.00 | 20.50 | 20.50 | 20.00 | 1 times |
| 05 Thu May 2022 | 20.50 | 20.55 | 20.55 | 20.50 | 2 times |
| 12 Tue Apr 2022 | 20.60 | 20.60 | 20.60 | 20.60 | 0.111 times |
| 01 Fri Apr 2022 | 21.90 | 21.00 | 21.90 | 20.60 | 1.286 times |
| 04 Fri Mar 2022 | 21.50 | 21.00 | 21.50 | 21.00 | 0.7 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 |
| 19 Thu May 2022 | 20.00 | 20.55 | 20.55 | 20.00 | 0.8 times |
| 12 Tue Apr 2022 | 20.60 | 21.90 | 21.90 | 20.60 | 0.417 times |
| 24 Thu Mar 2022 | 20.60 | 21.00 | 21.50 | 20.60 | 0.571 times |
| 25 Fri Feb 2022 | 21.00 | 21.50 | 22.00 | 21.00 | 3.5 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 | 37, 50, 15 | Sell |
| MACD | -0, 0 | Sell |
| Stochastics | 0 | Sell |
| CCI | -130 | Sell |
| RSI | 57 | Buy |
| OBV | 36000 | Sell |
| VWAP | 21 | Sell |
| ADL | 0 | Sell |
| ROC | -5 | Sell |
| Force Index | 0 | Sell |
Price action analysis of Rcan ( (Rcan) ) based on a short term time period is
Price action analysis of Rcan ( (Rcan) ) based on a short term time period is
Price action analysis of Rcan ( (Rcan) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Rcan in short term and the sell signal is strong.
Rcan Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
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 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
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 21.16 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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