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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 2022-02-17 View latest technical analysis

10 day averaged volume of Rcan is 16800

Date Daily Closing Price Open High Low Volume
17 Thu Feb 2022 21.90 21.90 21.90 21.90 1.071 times
16 Wed Feb 2022 22.00 21.50 22.00 21.50 2.857 times
10 Mon Jan 2022 21.90 21.00 21.90 21.00 1.786 times
06 Thu Jan 2022 20.50 20.50 20.50 20.50 0.357 times
26 Fri Nov 2021 21.00 21.00 21.00 21.00 0.714 times
24 Wed Nov 2021 20.50 20.50 20.50 20.50 0.714 times
23 Tue Nov 2021 21.00 20.50 21.00 20.50 1.071 times
17 Wed Nov 2021 20.50 20.50 20.50 20.50 0.357 times
29 Fri Oct 2021 21.00 21.00 21.00 21.00 1.071 times
28 Thu Oct 2021 20.50 20.50 20.50 20.50 0.714 times

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 22, for a target of 21.4 or 20.9

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
Upside Target 22.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 21.27
Downside Intraday Target 20.63
Upside Intraday Target 22.27
Upside Intraday Target 22.63
Downside Intraday Target 21.63

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
17 Thu Feb 2022 21.90 21.00 22.00 21.00 16 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
17 Thu Feb 2022 21.90 21.50 22.00 21.50 1.833 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 down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Rcan (Rcan)

Indicator Name Indicator Value Indicator Signal
ADX 51, 24, 37 Buy
MACD 1, 0Buy
Stochastics 98Buy
CCI 129Buy
RSI 55Buy
OBV 132000Sell
VWAP 21Buy
ADL 0Sell
ROC 7Buy
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short 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 short 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 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 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 losing 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 21.41 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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