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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 2024-08-08 View latest technical analysis

10 day averaged volume of Race Eco is 29566

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	403.55	407.05	412.00	391.15	0.174 times
07 Wed Aug 2024	406.60	405.65	412.20	404.05	0.188 times
06 Tue Aug 2024	403.90	403.90	415.00	402.00	0.203 times
05 Mon Aug 2024	407.65	406.10	415.00	400.00	0.953 times
02 Fri Aug 2024	420.60	424.40	432.35	420.25	0.566 times
01 Thu Aug 2024	428.25	431.60	441.00	420.00	3.157 times
31 Wed Jul 2024	429.35	410.10	435.95	407.25	2.233 times
30 Tue Jul 2024	410.30	414.00	416.90	409.15	0.482 times
29 Mon Jul 2024	412.90	419.20	421.80	409.05	0.584 times
26 Fri Jul 2024	417.00	421.60	422.75	411.30	1.159 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 409.1, but if it comes above 409.1, then a intra day buy could be more profitable.
If you take a sell trade below 409.1, then use 409.1 as stoploss and 397.6 as target. However if you take a buy trade in stock , then use 409.1 as stoploss and 418.75 as target.

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	391.15
Downside Target	400.30
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	391.47
Downside Intraday Target	379.38
Upside Intraday Target	415.32
Upside Intraday Target	427.08
Downside Intraday Target	403.23

Weekly technical analysis of Race Eco (RACE)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	403.55	406.10	415.00	391.15	0.216 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
08 Thu Aug 2024	403.55	431.60	441.00	391.15	0.143 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 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 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 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 Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 421.5 and Race Eco (RACE) 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 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.