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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 2022-03-08 View latest technical analysis

10 day averaged volume of Rcan is 22800

Date Daily Closing Price Open High Low Volume
08 Tue Mar 2022 21.00 21.00 21.00 21.00 1.053 times
04 Fri Mar 2022 21.50 21.00 21.50 21.00 1.579 times
02 Wed Mar 2022 21.00 21.00 21.00 21.00 0.263 times
25 Fri Feb 2022 21.00 21.00 21.00 21.00 0.263 times
24 Thu Feb 2022 21.00 21.00 21.50 21.00 2.368 times
17 Thu Feb 2022 21.90 21.90 21.90 21.90 0.789 times
16 Wed Feb 2022 22.00 21.50 22.00 21.50 2.105 times
10 Mon Jan 2022 21.90 21.00 21.90 21.00 1.316 times
06 Thu Jan 2022 20.50 20.50 20.50 20.50 0.263 times
26 Fri Nov 2021 21.00 21.00 21.00 21.00 0.526 times

My analysis of stock is bullish for shortterm, and stock might move up till 21.5 or till 22. Use a stoploss of 20.99 and if this stock hits its stoploss, then it can fall down till 20.51

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
08 Tue Mar 2022 21.00 21.00 21.00 21.00 0.571 times
04 Fri Mar 2022 21.50 21.00 21.50 21.00 0.7 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

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
08 Tue Mar 2022 21.00 21.00 21.50 21.00 0.524 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 43, 28, 21 Buy
MACD 0, 0Sell
Stochastics 44None
CCI -45Sell
RSI 53Buy
OBV 48000Sell
VWAP 21Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is

Price action analysis of Rcan ( (Rcan) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!

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 and SELL 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 21.44 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.

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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