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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 2022-05-17 View latest technical analysis

10 day averaged volume of Rico Auto is 58709

Date Daily Closing Price Open High Low Volume
17 Tue May 2022 34.25 33.30 34.55 33.30 0.359 times
16 Mon May 2022 33.00 33.35 33.40 32.40 0.736 times
13 Fri May 2022 32.75 32.90 33.75 32.55 0.659 times
12 Thu May 2022 32.35 32.25 32.90 32.00 1.393 times
11 Wed May 2022 33.00 34.90 35.10 32.25 0.915 times
10 Tue May 2022 34.65 35.40 35.85 34.30 0.779 times
09 Mon May 2022 35.00 36.45 36.45 34.40 1.438 times
06 Fri May 2022 36.05 37.50 37.50 35.50 0.787 times
05 Thu May 2022 37.50 37.40 38.60 37.40 0.922 times
04 Wed May 2022 37.70 37.85 39.50 37.25 1.399 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 34 as stoploss in an intra day buy trade for a target of 36.37. However, stock will show a bearish move below 34.

Share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Target 31.20
Downside Target 32.00
Downside Target 34.25
Upside Target 35.35
Upside Target 36.45
Upside Target 39.50
Upside Target 40.55
Upside Target 41.95
Upside Target 42.80
Upside Target 46.00
Upside Target 49.45

Intraday share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Intraday Target 32.92
Downside Intraday Target 31.58
Upside Intraday Target 35.07
Upside Intraday Target 35.88
Downside Intraday Target 33.73

Weekly technical analysis of Rico Auto (RicoAuto)

Date Weekly Closing Price Open High Low Volume
17 Tue May 2022 34.25 33.35 34.55 32.40 0.211 times
13 Fri May 2022 32.75 36.45 36.45 32.00 1.27 times
06 Fri May 2022 36.05 38.00 39.50 35.50 0.341 times
29 Fri Apr 2022 38.05 38.50 41.95 37.05 1.395 times
22 Fri Apr 2022 39.00 37.25 40.55 35.35 0.855 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
17 Tue May 2022 34.25 38.00 39.50 32.00 0.288 times
29 Fri Apr 2022 38.05 32.00 41.95 32.00 1.298 times
31 Thu Mar 2022 31.60 36.50 37.10 31.20 2.017 times
28 Mon Feb 2022 36.35 43.80 46.00 34.25 0.44 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 23, 24, 2 Sell
MACD -2, -1Sell
Stochastics 18Sell
CCI -32Buy
RSI 50Buy
OBV 7298Sell
VWAP 35Sell
ADL 0Sell
ROC -9Sell
Force Index 0Sell

Price action analysis of Rico Auto ( (RicoAuto) ) based on a short 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 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.

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 in or above 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 and the buying is gaining 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 34.78 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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