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(RACE) Race Eco complete technical analysis [charts+indicators] | Buy/Sell Race Eco | (RACE) share price targets

Complete technical analysis of Race Eco (RACE) by charts plus indicators, forecast predictions and share price targets for Race Eco (RACE)

Showing technical analysis as on 2024-08-06 View latest technical analysis

10 day averaged volume of Race Eco is 34660

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	403.90	403.90	415.00	402.00	0.173 times
05 Mon Aug 2024	407.65	406.10	415.00	400.00	0.813 times
02 Fri Aug 2024	420.60	424.40	432.35	420.25	0.483 times
01 Thu Aug 2024	428.25	431.60	441.00	420.00	2.693 times
31 Wed Jul 2024	429.35	410.10	435.95	407.25	1.905 times
30 Tue Jul 2024	410.30	414.00	416.90	409.15	0.411 times
29 Mon Jul 2024	412.90	419.20	421.80	409.05	0.498 times
26 Fri Jul 2024	417.00	421.60	422.75	411.30	0.989 times
25 Thu Jul 2024	425.45	430.00	433.40	417.65	0.406 times
24 Wed Jul 2024	424.90	407.80	429.40	406.05	1.17 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 400, for a target of 412 or 421.92

Share price targets for Race Eco (RACE)

Target Type	Value
Downside Target	298.10
Downside Target	310.00
Downside Target	324.95
Downside Target	343.75
Downside Target	370.00
Downside Target	400.00
Upside Target	433.40
Upside Target	440.00
Upside Target	441.00
Upside Target	445.95
Upside Target	449.95
Upside Target	460.00

Intraday share price targets for Race Eco (RACE)

Target Type	Value
Downside Intraday Target	397.6
Downside Intraday Target	391.3
Upside Intraday Target	412.6
Upside Intraday Target	421.3
Upside Intraday Target	406.3

Weekly technical analysis of Race Eco (RACE)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	403.90	406.10	415.00	400.00	0.165 times
02 Fri Aug 2024	420.60	419.20	441.00	407.25	1.61 times
26 Fri Jul 2024	417.00	418.00	433.40	400.30	2.668 times
19 Fri Jul 2024	422.15	440.00	440.00	415.00	0.31 times
12 Fri Jul 2024	435.20	433.00	449.95	419.35	0.239 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 Race Eco (RACE)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Aug 2024	403.90	431.60	441.00	400.00	0.133 times
31 Wed Jul 2024	429.35	426.75	460.00	400.30	0.994 times
28 Fri Jun 2024	420.45	367.00	445.95	324.95	1.84 times
31 Fri May 2024	353.70	333.70	370.00	310.00	1.643 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 Race Eco (RACE)

Price action analysis of Race Eco ( (RACE) ) 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 Race Eco ( (RACE) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Race Eco ( (RACE) ) 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 Race Eco ( (RACE) ) 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 Race Eco stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Race Eco in short term but the sell signal is initial and weak.

Race Eco 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 Race Eco 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 negative zone. This is the SELL zone

Stock of Race Eco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 422.61 and Race Eco (RACE) 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 Race Eco (RACE) stock. Volume based technical analysis of Race Eco (RACE) stock is negative.

Race Eco 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.