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(RICOAUTO) Rico Auto complete technical analysis [charts+indicators] | Buy/Sell Rico Auto | (RICOAUTO) share price targets

Complete technical analysis of Rico Auto (RICOAUTO) by charts plus indicators, forecast predictions and share price targets for Rico Auto (RICOAUTO)

Rico Auto trades in NSE in Auto Parts & Equipment sector.

Showing technical analysis as on 2024-08-14 View latest technical analysis

10 day averaged volume of Rico Auto is 1226644

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	115.76	117.09	119.16	115.10	0.814 times
13 Tue Aug 2024	116.71	123.89	124.90	115.60	1.001 times
12 Mon Aug 2024	123.49	122.86	125.44	121.42	0.435 times
09 Fri Aug 2024	122.86	123.00	124.49	122.21	0.444 times
08 Thu Aug 2024	121.73	124.40	125.66	121.00	0.463 times
07 Wed Aug 2024	124.01	122.20	124.75	120.60	0.67 times
06 Tue Aug 2024	120.73	123.90	125.95	120.10	0.675 times
05 Mon Aug 2024	120.84	122.35	125.38	120.05	1.193 times
02 Fri Aug 2024	128.55	128.00	130.59	126.07	0.825 times
01 Thu Aug 2024	131.90	136.10	137.61	131.42	1.053 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 113.9, for a target of 120.6 or 126.24

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Upside Target	120.04
Upside Target	125.44
Upside Target	129.00
Upside Target	134.00
Upside Target	136.36
Upside Target	137.61
Upside Target	139.69
Upside Target	141.40
Upside Target	143.75
Upside Target	149.00
Upside Target	157.00

Intraday share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Intraday Target	112.09
Downside Intraday Target	108.43
Upside Intraday Target	122.43
Upside Intraday Target	129.11
Upside Intraday Target	118.77

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	115.76	122.86	125.44	115.10	0.653 times
09 Fri Aug 2024	122.86	122.35	125.95	120.05	0.521 times
02 Fri Aug 2024	128.55	135.51	139.69	126.07	1.028 times
26 Fri Jul 2024	134.43	121.50	136.36	120.04	2.559 times
19 Fri Jul 2024	122.42	134.00	134.00	122.00	0.306 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 Rico Auto (RICOAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	115.76	136.10	137.61	115.10	0.28 times
31 Wed Jul 2024	135.72	133.70	143.75	120.04	0.861 times
28 Fri Jun 2024	133.67	125.25	149.00	107.25	1.085 times
31 Fri May 2024	118.35	138.70	141.40	115.75	0.805 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 Rico Auto (RICOAUTO)

Price action analysis of Rico Auto ( (RICOAUTO) ) 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 Rico Auto ( (RICOAUTO) ) 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 Rico Auto ( (RICOAUTO) ) 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 Rico Auto stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Rico Auto in short term and the sell signal is strong.

Rico Auto 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rico Auto in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing 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 Rico Auto is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 122.72 and Rico Auto (RICOAUTO) 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 Rico Auto (RICOAUTO) stock. Volume based technical analysis of Rico Auto (RICOAUTO) stock is negative.

Rico Auto 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.