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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)

Showing technical analysis as on 2021-08-16 View latest technical analysis

10 day averaged volume of Rico Auto is 251216

Date Daily Closing Price Open High Low Volume
16 Mon Aug 2021 50.05 51.20 52.00 49.90 0.36 times
13 Fri Aug 2021 51.85 55.30 55.40 51.55 1.043 times
12 Thu Aug 2021 54.85 50.20 55.65 50.20 1.005 times
11 Wed Aug 2021 51.05 49.00 51.70 48.05 0.57 times
10 Tue Aug 2021 51.05 52.50 53.85 48.20 0.78 times
09 Mon Aug 2021 53.40 54.80 55.35 52.60 0.283 times
06 Fri Aug 2021 54.70 53.10 55.75 53.10 0.702 times
05 Thu Aug 2021 53.80 55.00 55.75 52.60 0.648 times
04 Wed Aug 2021 55.80 58.10 58.65 55.25 0.742 times
03 Tue Aug 2021 57.90 59.40 59.45 57.65 1.205 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.7, but if it comes above 51.7, then a intra day buy could be more profitable.
If you take a sell trade below 51.7, then use 51.7 as stoploss and 47.8 as target. However if you take a buy trade in stock , then use 51.7 as stoploss and 54.93 as target.

Share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Target 35.40
Downside Target 39.10
Downside Target 42.90
Downside Target 44.55
Downside Target 46.50
Downside Target 48.05
Downside Target 49.25
Upside Target 52.00
Upside Target 55.65
Upside Target 57.35
Upside Target 61.00
Upside Target 62.30

Intraday share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Intraday Target 49.3
Downside Intraday Target 48.55
Upside Intraday Target 51.4
Upside Intraday Target 52.75
Upside Intraday Target 50.65

Weekly technical analysis of Rico Auto (RicoAuto)

Date Weekly Closing Price Open High Low Volume
16 Mon Aug 2021 50.05 51.20 52.00 49.90 0.098 times
13 Fri Aug 2021 51.85 54.80 55.65 48.05 0.583 times
06 Fri Aug 2021 54.70 59.90 61.00 52.60 0.637 times
30 Fri Jul 2021 59.40 56.55 62.30 55.90 2.589 times
23 Fri Jul 2021 55.90 50.80 57.35 49.25 0.867 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
16 Mon Aug 2021 50.05 59.90 61.00 48.05 0.487 times
30 Fri Jul 2021 59.40 49.60 62.30 46.50 1.027 times
30 Wed Jun 2021 48.80 48.90 53.15 44.55 1.917 times
31 Mon May 2021 47.50 40.20 49.75 39.10 1.988 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 25, 11 Sell
MACD 1, 2Sell
Stochastics 32None
CCI -104Sell
RSI 56Buy
OBV 827558Sell
VWAP 54Sell
ADL 0Sell
ROC -15Sell
Force Index 0Sell

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 but the sell 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 in or above 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 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 53.92 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Rico Auto charts

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Daily charts

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Daily chart

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