Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-03-02 View latest technical analysis

10 day averaged volume of Rcan is 21000

Date Daily Closing Price Open High Low Volume
02 Wed Mar 2022 21.00 21.00 21.00 21.00 0.286 times
25 Fri Feb 2022 21.00 21.00 21.00 21.00 0.286 times
24 Thu Feb 2022 21.00 21.00 21.50 21.00 2.571 times
17 Thu Feb 2022 21.90 21.90 21.90 21.90 0.857 times
16 Wed Feb 2022 22.00 21.50 22.00 21.50 2.286 times
10 Mon Jan 2022 21.90 21.00 21.90 21.00 1.429 times
06 Thu Jan 2022 20.50 20.50 20.50 20.50 0.286 times
26 Fri Nov 2021 21.00 21.00 21.00 21.00 0.571 times
24 Wed Nov 2021 20.50 20.50 20.50 20.50 0.571 times
23 Tue Nov 2021 21.00 20.50 21.00 20.50 0.857 times

My analysis of stock is bullish for shortterm, and stock might move up till 21.4 or till 22. Use a stoploss of 20.95 and if this stock hits its stoploss, then it can fall down till 20.48

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 21
Downside Intraday Target 21
Downside Intraday Target 21
Downside Intraday Target 21
Downside Intraday Target 21

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
02 Wed Mar 2022 21.00 21.00 21.00 21.00 0.1 times
25 Fri Feb 2022 21.00 21.00 21.50 21.00 0.625 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

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
02 Wed Mar 2022 21.00 21.00 21.00 21.00 0.048 times
25 Fri Feb 2022 21.00 21.50 22.00 21.00 3.5 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

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 42, 36, 9 Buy
MACD 0, 0Sell
Stochastics 33None
CCI -23Sell
RSI 53Buy
OBV 96000Sell
VWAP 21Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 gaining 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 getting stronger in this stock.

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

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 21.39 and Rcan (Rcan) stock is trading below this level. This means that stock is falling with high volumes. 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme