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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 2024-08-16 View latest technical analysis

10 day averaged volume of Rico Auto is 929037

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	119.02	119.80	119.80	116.50	0.722 times
14 Wed Aug 2024	115.76	117.09	119.16	115.10	1.074 times
13 Tue Aug 2024	116.71	123.89	124.90	115.60	1.322 times
12 Mon Aug 2024	123.49	122.86	125.44	121.42	0.575 times
09 Fri Aug 2024	122.86	123.00	124.49	122.21	0.587 times
08 Thu Aug 2024	121.73	124.40	125.66	121.00	0.611 times
07 Wed Aug 2024	124.01	122.20	124.75	120.60	0.885 times
06 Tue Aug 2024	120.73	123.90	125.95	120.10	0.891 times
05 Mon Aug 2024	120.84	122.35	125.38	120.05	1.575 times
02 Fri Aug 2024	128.55	128.00	130.59	126.07	1.089 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 120, but if it comes above 120, then a intra day buy could be more profitable.
If you take a sell trade below 120, then use 120 as stoploss and 113 as target. However if you take a buy trade in stock , then use 120 as stoploss and 125.83 as target.

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	114.27
Downside Intraday Target	109.51
Upside Intraday Target	124.61
Upside Intraday Target	130.19
Upside Intraday Target	119.85

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	119.02	122.86	125.44	115.10	0.812 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
16 Fri Aug 2024	119.02	136.10	137.61	115.10	0.301 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 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 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 losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Rico Auto in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rico Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 121.07 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.