(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 2021-11-17 View latest technical analysis
10 day averaged volume of Rcan is 24600
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.244 times |
| 29 Fri Oct 2021 | 21.00 | 21.00 | 21.00 | 21.00 | 0.732 times |
| 28 Thu Oct 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.488 times |
| 08 Fri Oct 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.244 times |
| 06 Wed Oct 2021 | 21.00 | 21.00 | 21.00 | 21.00 | 0.976 times |
| 05 Tue Oct 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.732 times |
| 04 Mon Oct 2021 | 20.90 | 20.50 | 21.00 | 20.50 | 1.707 times |
| 01 Fri Oct 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.488 times |
| 30 Thu Sep 2021 | 20.80 | 20.50 | 20.80 | 20.50 | 0.976 times |
| 29 Wed Sep 2021 | 21.00 | 20.50 | 21.00 | 20.50 | 1.22 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.4 as stoploss in an intra day buy trade for a target of 20.71. However, stock will show a bearish move below 20.4.
Share price targets for Rcan (Rcan)
| Target Type | Value |
| Downside Target | 19.00 |
| Downside Target | 20.50 |
| Upside Target | 21.00 |
| Upside Target | 21.50 |
| Upside Target | 22.00 |
Intraday share price targets for Rcan (Rcan)
| Target Type | Value |
| Downside Intraday Target | 20.5 |
| Downside Intraday Target | 20.5 |
| Downside Intraday Target | 20.5 |
| Downside Intraday Target | 20.5 |
| Downside Intraday Target | 20.5 |
Weekly technical analysis of Rcan (Rcan)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Wed Nov 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.2 times |
| 29 Fri Oct 2021 | 21.00 | 20.50 | 21.00 | 20.50 | 0.333 times |
| 08 Fri Oct 2021 | 20.50 | 20.50 | 21.00 | 20.50 | 1.364 times |
| 01 Fri Oct 2021 | 20.50 | 20.50 | 21.00 | 20.50 | 0.846 times |
| 22 Wed Sep 2021 | 21.00 | 20.50 | 21.00 | 20.50 | 3.25 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 Nov 2021 | 20.50 | 20.50 | 20.50 | 20.50 | 0.045 times |
| 29 Fri Oct 2021 | 21.00 | 20.50 | 21.00 | 20.50 | 0.759 times |
| 30 Thu Sep 2021 | 20.80 | 20.50 | 21.50 | 20.50 | 1.16 times |
| 31 Tue Aug 2021 | 20.50 | 20.50 | 21.50 | 20.50 | 0.543 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 | 40, 33, 10 | Buy |
| MACD | 0, 0 | Sell |
| Stochastics | 33 | None |
| CCI | -67 | Sell |
| RSI | 52 | Buy |
| OBV | 96000 | Sell |
| VWAP | 21 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 Weak 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. 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 and the buying is gaining 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 20.81 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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