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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)

10 day averaged volume of Rico Auto is 45924

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	80.33	80.20	80.80	79.65	0.772 times
28 Thu Sep 2023	80.43	80.94	81.68	79.72	0.467 times
27 Wed Sep 2023	80.66	80.87	81.20	79.65	0.735 times
26 Tue Sep 2023	80.27	80.95	81.31	79.82	0.75 times
25 Mon Sep 2023	81.25	80.68	81.90	80.15	1.002 times
22 Fri Sep 2023	80.27	80.91	81.50	78.85	1.095 times
21 Thu Sep 2023	81.03	82.88	83.33	80.77	0.835 times
20 Wed Sep 2023	82.82	83.00	83.81	82.60	1.067 times
18 Mon Sep 2023	83.37	84.13	84.90	83.10	1.277 times
15 Fri Sep 2023	83.68	85.50	85.79	83.10	2.043 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 80.8, but if it comes above 80.8, then a intra day buy could be more profitable.
If you take a sell trade below 80.8, then use 80.8 as stoploss and 77.5 as target. However if you take a buy trade in stock , then use 80.8 as stoploss and 83.48 as target.

Share price targets for Rico Auto (RicoAuto)

Target Type	Value
Downside Target	68.76
Downside Target	78.85
Upside Target	81.56
Upside Target	84.50
Upside Target	88.18
Upside Target	89.25
Upside Target	89.50
Upside Target	97.95
Upside Target	105.50
Upside Target	105.61
Upside Target	111.55

Intraday share price targets for Rico Auto (RicoAuto)

Target Type	Value
Downside Intraday Target	79.35
Downside Intraday Target	78.38
Upside Intraday Target	81.6
Upside Intraday Target	82.88
Upside Intraday Target	80.63

Weekly technical analysis of Rico Auto (RicoAuto)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	80.33	80.68	81.90	79.65	0.872 times
22 Fri Sep 2023	80.27	84.13	84.90	78.85	0.566 times
15 Fri Sep 2023	83.68	87.98	88.18	79.65	0.472 times
08 Fri Sep 2023	87.71	85.77	89.50	84.50	1.896 times
01 Fri Sep 2023	84.64	82.70	89.25	82.41	0.985 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
29 Fri Sep 2023	80.33	84.35	89.50	78.85	0.615 times
31 Thu Aug 2023	84.83	98.41	105.50	81.80	1.192 times
31 Mon Jul 2023	99.25	102.05	111.55	97.95	0.438 times
30 Fri Jun 2023	102.36	82.00	105.61	81.56	2.705 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 Strong 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 below 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 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 81.83 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.