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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)

Showing technical analysis as on 2022-02-16 View latest technical analysis

10 day averaged volume of Rcan is 14400

Date Daily Closing Price Open High Low Volume
16 Wed Feb 2022 22.00 21.50 22.00 21.50 3.333 times
10 Mon Jan 2022 21.90 21.00 21.90 21.00 2.083 times
06 Thu Jan 2022 20.50 20.50 20.50 20.50 0.417 times
26 Fri Nov 2021 21.00 21.00 21.00 21.00 0.833 times
24 Wed Nov 2021 20.50 20.50 20.50 20.50 0.833 times
23 Tue Nov 2021 21.00 20.50 21.00 20.50 1.25 times
17 Wed Nov 2021 20.50 20.50 20.50 20.50 0.417 times
29 Fri Oct 2021 21.00 21.00 21.00 21.00 1.25 times
28 Thu Oct 2021 20.50 20.50 20.50 20.50 0.833 times
08 Fri Oct 2021 20.50 20.50 20.50 20.50 0.417 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 21.8, for a target of 21.3 or 20.84

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 20.50
Downside Target 21.00
Downside Target 21.50
Downside Target 21.90
Downside Target 22.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 21.33
Downside Intraday Target 20.67
Upside Intraday Target 22.33
Upside Intraday Target 22.67
Downside Intraday Target 21.67

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
16 Wed Feb 2022 22.00 21.00 22.00 21.00 13 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
16 Wed Feb 2022 22.00 21.50 22.00 21.50 1.333 times
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

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 53, 24, 38 Buy
MACD 1, 0Buy
Stochastics 67None
CCI 166Buy
RSI 53Buy
OBV 162000Sell
VWAP 21Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 term time period is

Price action analysis of Rcan ( (Rcan) ) based on a short to mid 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 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rcan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 21.32 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.

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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