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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 2024-08-21 View latest technical analysis

10 day averaged volume of Rico Auto is 708660

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	121.55	121.40	122.77	120.55	0.472 times
20 Tue Aug 2024	120.78	122.15	123.00	120.15	0.496 times
19 Mon Aug 2024	121.55	120.80	123.45	120.01	0.763 times
16 Fri Aug 2024	119.02	119.80	119.80	116.50	0.947 times
14 Wed Aug 2024	115.76	117.09	119.16	115.10	1.409 times
13 Tue Aug 2024	116.71	123.89	124.90	115.60	1.733 times
12 Mon Aug 2024	123.49	122.86	125.44	121.42	0.753 times
09 Fri Aug 2024	122.86	123.00	124.49	122.21	0.769 times
08 Thu Aug 2024	121.73	124.40	125.66	121.00	0.801 times
07 Wed Aug 2024	124.01	122.20	124.75	120.60	1.16 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 119.2 as stoploss in an intra day buy trade for a target of 125.21. However, stock will show a bearish move below 119.2.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Downside Target	120.01
Upside Target	123.45
Upside Target	129.00
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	119.89
Downside Intraday Target	118.23
Upside Intraday Target	123.33
Upside Intraday Target	125.11
Upside Intraday Target	121.67

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	121.55	120.80	123.45	120.01	0.357 times
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

Price has moved up 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
21 Wed Aug 2024	121.55	136.10	137.61	115.10	0.338 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Rico Auto ( (RICOAUTO) ) 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Rico Auto stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rico Auto Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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 and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL 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 120.06 and Rico Auto (RICOAUTO) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 is giving positive 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.