Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-30 View latest technical analysis

10 day averaged volume of Rico Auto is 615706

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	121.45	121.05	123.40	120.89	0.512 times
29 Thu Aug 2024	120.88	122.75	123.18	120.50	0.616 times
28 Wed Aug 2024	122.58	124.43	124.87	122.30	0.856 times
27 Tue Aug 2024	124.43	124.21	125.96	124.20	0.498 times
26 Mon Aug 2024	125.25	125.70	127.50	123.61	1.271 times
23 Fri Aug 2024	125.11	122.01	127.65	121.32	2.561 times
22 Thu Aug 2024	122.63	122.00	124.63	121.91	1.115 times
21 Wed Aug 2024	121.55	121.40	122.77	120.55	0.543 times
20 Tue Aug 2024	120.78	122.15	123.00	120.15	0.571 times
19 Mon Aug 2024	121.55	120.80	123.45	120.01	0.878 times

My analysis of stock is bearish for shortterm, and stock might move down till 119.2 or till 115.8. Use a stoploss of 122 and if the stock hits stoploss, then it can shoot up till 124.82

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Downside Target	120.01
Upside Target	125.44
Upside Target	127.65
Upside Target	129.00
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	118.8
Downside Intraday Target	116.15
Upside Intraday Target	125.8
Upside Intraday Target	130.15
Upside Intraday Target	123.15

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	121.45	125.70	127.50	120.50	0.662 times
23 Fri Aug 2024	125.11	120.80	127.65	120.01	1.017 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

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
30 Fri Aug 2024	121.45	136.10	137.61	115.10	0.476 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 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 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 mid to longer 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.

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

MACD generated a BUY signal for Rico Auto in short term but the buy signal is initial and weak.

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. Bears 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 but BUY signal is weak.

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

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 123.29 and Rico Auto (RICOAUTO) 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 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.