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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 2024-09-16 View latest technical analysis

10 day averaged volume of Rico Auto is 751085

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	117.34	117.90	118.95	117.01	0.492 times
13 Fri Sep 2024	117.10	117.39	120.80	116.80	0.795 times
12 Thu Sep 2024	116.59	119.24	119.60	116.06	0.899 times
11 Wed Sep 2024	118.12	119.59	121.90	117.74	0.708 times
10 Tue Sep 2024	118.79	119.70	121.96	118.21	0.81 times
09 Mon Sep 2024	118.93	122.43	122.43	118.50	0.712 times
06 Fri Sep 2024	122.43	126.00	126.30	121.41	1.633 times
05 Thu Sep 2024	124.97	118.50	125.90	118.00	2.825 times
04 Wed Sep 2024	117.99	118.23	119.42	117.50	0.476 times
03 Tue Sep 2024	119.15	119.23	120.42	118.52	0.569 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 118, but if it comes above 118, then a intra day buy could be more profitable.
If you take a sell trade below 118, then use 118 as stoploss and 114.7 as target. However if you take a buy trade in stock , then use 118 as stoploss and 120.76 as target.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	115.10
Upside Target	122.43
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	116.58
Downside Intraday Target	115.83
Upside Intraday Target	118.52
Upside Intraday Target	119.71
Upside Intraday Target	117.77

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	117.34	117.90	118.95	117.01	0.125 times
13 Fri Sep 2024	117.10	122.43	122.43	116.06	0.646 times
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

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
16 Mon Sep 2024	117.34	122.29	126.30	116.06	0.5 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 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 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 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 SELL signal for Rico Auto in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 120.69 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.