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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 2024-09-20 View latest technical analysis

10 day averaged volume of Rico Auto is 646786

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	116.51	114.85	117.90	114.36	0.818 times
19 Thu Sep 2024	114.74	117.00	118.84	113.60	0.915 times
18 Wed Sep 2024	115.77	116.31	120.00	115.00	1.525 times
17 Tue Sep 2024	116.31	118.35	118.35	116.00	0.535 times
16 Mon Sep 2024	117.34	117.90	118.95	117.01	0.571 times
13 Fri Sep 2024	117.10	117.39	120.80	116.80	0.923 times
12 Thu Sep 2024	116.59	119.24	119.60	116.06	1.044 times
11 Wed Sep 2024	118.12	119.59	121.90	117.74	0.823 times
10 Tue Sep 2024	118.79	119.70	121.96	118.21	0.941 times
09 Mon Sep 2024	118.93	122.43	122.43	118.50	0.826 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 116.3 as stoploss in an intra day buy trade for a target of 119.42. However, stock will show a bearish move below 116.3.

Share price targets for Rico Auto (RICOAUTO)

Target Type	Value
Downside Target	107.25
Downside Target	113.60
Upside Target	120.00
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	113.41
Downside Intraday Target	110.3
Upside Intraday Target	119.81
Upside Intraday Target	123.1
Upside Intraday Target	116.7

Weekly technical analysis of Rico Auto (RICOAUTO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Sep 2024	116.51	117.90	120.00	113.60	0.958 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 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
20 Fri Sep 2024	116.51	122.29	126.30	113.60	0.656 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 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 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 buy signal for Rico Auto in short term but BUY signal is weak.

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 116.93 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.