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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 2024-09-06 View latest technical analysis

10 day averaged volume of Rico Auto is 722449

Date	Daily Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	122.43	126.00	126.30	121.41	1.698 times
05 Thu Sep 2024	124.97	118.50	125.90	118.00	2.937 times
04 Wed Sep 2024	117.99	118.23	119.42	117.50	0.494 times
03 Tue Sep 2024	119.15	119.23	120.42	118.52	0.592 times
02 Mon Sep 2024	119.16	122.29	122.58	118.70	0.595 times
30 Fri Aug 2024	121.45	121.05	123.40	120.89	0.436 times
29 Thu Aug 2024	120.88	122.75	123.18	120.50	0.525 times
28 Wed Aug 2024	122.58	124.43	124.87	122.30	0.729 times
27 Tue Aug 2024	124.43	124.21	125.96	124.20	0.424 times
26 Mon Aug 2024	125.25	125.70	127.50	123.61	1.083 times

My analysis of stock is bullish for shortterm, and stock might move up till 124.1 or till 127.3. Use a stoploss of 121.39 and if this stock hits its stoploss, then it can fall down till 118.72

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	126.30
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	117.85
Downside Intraday Target	113.28
Upside Intraday Target	126.65
Upside Intraday Target	130.88
Downside Intraday Target	122.08

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	122.43	122.29	126.30	117.50	1.975 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rico Auto (RICOAUTO)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Fri Sep 2024	122.43	122.29	126.30	117.50	0.29 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 up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rico Auto ( (RICOAUTO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 BUY. 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.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Rico Auto in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 122.87 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.