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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 2024-03-04 View latest technical analysis

10 day averaged volume of Rcan is 41900

Date Daily Closing Price Open High Low Volume
04 Mon Mar 2024 160.85 168.75 168.75 160.35 0.072 times
28 Wed Feb 2024 168.75 168.75 168.75 168.75 0.024 times
27 Tue Feb 2024 168.80 173.00 173.00 164.60 0.048 times
22 Thu Feb 2024 173.25 173.25 173.25 173.25 0.024 times
20 Tue Feb 2024 182.35 200.95 200.95 182.35 0.048 times
19 Mon Feb 2024 191.85 191.85 191.85 191.85 0.119 times
15 Thu Feb 2024 201.85 193.55 202.00 184.35 4.797 times
25 Thu Jan 2024 194.00 194.00 194.00 194.00 0.764 times
19 Fri Jan 2024 194.95 194.95 194.95 194.95 0.024 times
18 Thu Jan 2024 196.00 178.65 196.00 178.65 0.621 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 151.9 as stoploss in an intra day buy trade for a target of 171.99. However, stock will show a bearish move below 151.9.

Share price targets for Rcan (Rcan)

Target Type Value
Downside Target 118.80
Downside Target 150.00
Downside Target 157.00
Downside Target 160.35
Upside Target 168.75
Upside Target 173.00
Upside Target 184.35
Upside Target 194.00
Upside Target 196.00
Upside Target 200.95
Upside Target 202.00

Intraday share price targets for Rcan (Rcan)

Target Type Value
Downside Intraday Target 157.88
Downside Intraday Target 154.92
Upside Intraday Target 166.28
Upside Intraday Target 171.72
Upside Intraday Target 163.32

Weekly technical analysis of Rcan (Rcan)

Date Weekly Closing Price Open High Low Volume
04 Mon Mar 2024 160.85 168.75 168.75 160.35 1 times
28 Wed Feb 2024 168.75 173.00 173.00 164.60 0.375 times
22 Thu Feb 2024 173.25 191.85 200.95 173.25 0.04 times
15 Thu Feb 2024 201.85 193.55 202.00 184.35 6.281 times
25 Thu Jan 2024 194.00 194.00 194.00 194.00 0.182 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
04 Mon Mar 2024 160.85 168.75 168.75 160.35 0.014 times
28 Wed Feb 2024 168.75 193.55 202.00 164.60 0.995 times
25 Thu Jan 2024 194.00 163.00 196.00 163.00 213 times
08 Fri Dec 2023 157.00 157.00 157.00 157.00 0.015 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)

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Rcan stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rcan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 199.11 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 has given negative 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.

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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Rcan stock for short term is SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rcan is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 199.11 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 has given negative 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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