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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 2022-05-02 View latest technical analysis

10 day averaged volume of Rcan is 22800

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 20.55 20.55 20.55 20.55 0.263 times
12 Tue Apr 2022 20.60 20.60 20.60 20.60 0.263 times
01 Fri Apr 2022 21.90 21.90 21.90 21.90 1.053 times
24 Thu Mar 2022 20.60 20.60 20.60 20.60 0.263 times
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

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.5 as stoploss in an intra day buy trade for a target of 21.02. However, stock will show a bearish move below 20.5.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 20.50
Upside 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 20.55
Downside Intraday Target 20.55
Downside Intraday Target 20.55
Downside Intraday Target 20.55
Downside Intraday Target 20.55

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 20.55 20.55 20.55 20.55 1 times
12 Tue Apr 2022 20.60 20.60 20.60 20.60 0.111 times
01 Fri Apr 2022 21.90 21.00 21.90 20.60 1.286 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

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 Mon May 2022 20.55 20.55 20.55 20.55 0.2 times
12 Tue Apr 2022 20.60 21.90 21.90 20.60 0.417 times
24 Thu Mar 2022 20.60 21.00 21.50 20.60 0.571 times
25 Fri Feb 2022 21.00 21.50 22.00 21.00 3.5 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 41, 43, 2 Sell
MACD 0, 0Sell
Stochastics 31None
CCI -98Sell
RSI 55Buy
OBV 66000Sell
VWAP 21Sell
ADL 0Sell
ROC -7Sell
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

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 SELL. 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 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 21.26 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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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