(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 2022-01-10 View latest technical analysis
10 day averaged volume of Rcan is 13200
|Date||Daily Closing Price||Open||High||Low||Volume|
|10 Mon Jan 2022||21.90||21.00||21.90||21.00||2.273 times|
|06 Thu Jan 2022||20.50||20.50||20.50||20.50||0.455 times|
|26 Fri Nov 2021||21.00||21.00||21.00||21.00||0.909 times|
|24 Wed Nov 2021||20.50||20.50||20.50||20.50||0.909 times|
|23 Tue Nov 2021||21.00||20.50||21.00||20.50||1.364 times|
|17 Wed Nov 2021||20.50||20.50||20.50||20.50||0.455 times|
|29 Fri Oct 2021||21.00||21.00||21.00||21.00||1.364 times|
|28 Thu Oct 2021||20.50||20.50||20.50||20.50||0.909 times|
|08 Fri Oct 2021||20.50||20.50||20.50||20.50||0.455 times|
|06 Wed Oct 2021||21.00||21.00||21.00||21.00||1.818 times|
Stock of Rcan (Rcan) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 21.6, for a target of 21.2 or 20.82
Share price targets for Rcan (Rcan)
Intraday share price targets for Rcan (Rcan)
|Downside Intraday Target||21.3|
|Downside Intraday Target||20.7|
|Upside Intraday Target||22.2|
|Upside Intraday Target||22.5|
|Downside Intraday Target||21.6|
Weekly technical analysis of Rcan (Rcan)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|10 Mon Jan 2022||21.90||21.00||21.90||21.00||5 times|
|06 Thu Jan 2022||20.50||20.50||20.50||20.50||0.143 times|
|26 Fri Nov 2021||21.00||20.50||21.00||20.50||7 times|
|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|
Price has moved up 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 Mon Jan 2022||21.90||20.50||21.90||20.50||0.75 times|
|26 Fri Nov 2021||21.00||20.50||21.00||20.50||0.364 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|
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||56, 25, 38||Buy|
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
Price action analysis of Rcan ( (Rcan) ) based on a short to mid 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 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 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 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 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 and BUY 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 21.04 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