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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 2024-09-02 View latest technical analysis

10 day averaged volume of Rico Auto is 580095

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	119.16	122.29	122.58	118.70	0.741 times
30 Fri Aug 2024	121.45	121.05	123.40	120.89	0.543 times
29 Thu Aug 2024	120.88	122.75	123.18	120.50	0.654 times
28 Wed Aug 2024	122.58	124.43	124.87	122.30	0.908 times
27 Tue Aug 2024	124.43	124.21	125.96	124.20	0.529 times
26 Mon Aug 2024	125.25	125.70	127.50	123.61	1.349 times
23 Fri Aug 2024	125.11	122.01	127.65	121.32	2.718 times
22 Thu Aug 2024	122.63	122.00	124.63	121.91	1.184 times
21 Wed Aug 2024	121.55	121.40	122.77	120.55	0.577 times
20 Tue Aug 2024	120.78	122.15	123.00	120.15	0.606 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 119.1 as stoploss in an intra day buy trade for a target of 121.53. However, stock will show a bearish move below 119.1.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Downside Target	118.70
Upside Target	125.44
Upside Target	125.95
Upside Target	127.50
Upside Target	127.65
Upside Target	137.61
Upside Target	141.40
Upside Target	143.75
Upside Target	149.00

Intraday share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Intraday Target	117.71
Downside Intraday Target	116.27
Upside Intraday Target	121.59
Upside Intraday Target	124.03
Upside Intraday Target	120.15

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	119.16	122.29	122.58	118.70	0.186 times
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

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
02 Mon Sep 2024	119.16	122.29	122.58	118.70	0.027 times
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

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 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 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 gaining momentum.

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

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 123.15 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.