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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 2022-02-24 View latest technical analysis

10 day averaged volume of Rcan is 18000

Date Daily Closing Price Open High Low Volume
24 Thu Feb 2022 21.00 21.00 21.50 21.00 3 times
17 Thu Feb 2022 21.90 21.90 21.90 21.90 1 times
16 Wed Feb 2022 22.00 21.50 22.00 21.50 2.667 times
10 Mon Jan 2022 21.90 21.00 21.90 21.00 1.667 times
06 Thu Jan 2022 20.50 20.50 20.50 20.50 0.333 times
26 Fri Nov 2021 21.00 21.00 21.00 21.00 0.667 times
24 Wed Nov 2021 20.50 20.50 20.50 20.50 0.667 times
23 Tue Nov 2021 21.00 20.50 21.00 20.50 1 times
17 Wed Nov 2021 20.50 20.50 20.50 20.50 0.333 times
29 Fri Oct 2021 21.00 21.00 21.00 21.00 1 times

Stock of Rcan (Rcan) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, and stock might move up till 21.4 or till 22. Use a stoploss of 20.93 and if this stock hits its stoploss, then it can fall down till 20.45

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 20.50
Downside 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 20.83
Downside Intraday Target 20.67
Upside Intraday Target 21.33
Upside Intraday Target 21.67
Upside Intraday Target 21.17

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
24 Thu Feb 2022 21.00 21.00 21.50 21.00 0.563 times
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

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
24 Thu Feb 2022 21.00 21.50 22.00 21.00 3.333 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 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 42, 36, 7 Buy
MACD 1, 0Buy
Stochastics 76Buy
CCI 13Sell
RSI 53Buy
OBV 90000Sell
VWAP 21Sell
ADL 0Sell
ROC 2Buy
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 Weak and stock is losing momentum.

MACD generated a BUY signal for Rcan in short term and the buy signal is strong.

Rcan Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Rcan in short term but SELL signal is weak.

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 21.36 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 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.

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Daily charts

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Daily chart

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