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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 2023-01-17 View latest technical analysis

10 day averaged volume of Rico Auto is 323405

Date Daily Closing Price Open High Low Volume
17 Tue Jan 2023 87.70 89.05 90.45 87.20 0.991 times
16 Mon Jan 2023 89.50 91.75 92.95 88.90 0.597 times
13 Fri Jan 2023 90.75 92.80 93.90 90.15 1.356 times
12 Thu Jan 2023 92.10 86.10 93.30 84.65 2.659 times
11 Wed Jan 2023 86.60 82.40 87.30 81.35 1.175 times
10 Tue Jan 2023 81.80 80.70 84.35 80.70 1.188 times
09 Mon Jan 2023 81.35 79.80 83.15 79.80 0.726 times
06 Fri Jan 2023 81.05 81.00 82.20 76.85 0.767 times
05 Thu Jan 2023 79.80 83.70 83.70 77.90 0.61 times
04 Wed Jan 2023 81.70 82.80 83.15 80.25 0.521 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 87.2, but if it comes below 87.2, then a intra day sell could be more profitable.
If you take a sell trade below 87.2, then use 87.2 as stoploss and 81.9 as target. However if you take a buy trade in stock , then use 87.2 as stoploss and 93.5 as target.

Share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Target 52.15
Downside Target 53.60
Downside Target 55.35
Downside Target 62.35
Downside Target 64.60
Downside Target 68.40
Downside Target 74.50
Downside Target 76.85
Downside Target 79.80
Downside Target 84.25
Downside Target 87.20
Upside Target 89.40
Upside Target 92.95
Upside Target 93.90

Intraday share price targets for Rico Auto (RicoAuto)

Target Type Value
Downside Intraday Target 85.62
Downside Intraday Target 83.53
Upside Intraday Target 91.37
Upside Intraday Target 95.03
Upside Intraday Target 89.28

Weekly technical analysis of Rico Auto (RicoAuto)

Date Weekly Closing Price Open High Low Volume
17 Tue Jan 2023 87.70 91.75 92.95 87.20 0.223 times
13 Fri Jan 2023 90.75 79.80 93.90 79.80 2.76 times
06 Fri Jan 2023 81.05 81.20 85.15 76.85 2.002 times
30 Fri Dec 2022 82.50 68.40 84.25 68.40 0.712 times
23 Fri Dec 2022 69.75 83.05 88.30 69.00 1.034 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
17 Tue Jan 2023 87.70 81.20 93.90 76.85 0.804 times
30 Fri Dec 2022 82.50 74.00 89.40 68.40 1.458 times
30 Wed Nov 2022 73.70 59.20 74.50 55.35 2.026 times
31 Mon Oct 2022 58.85 55.70 62.35 53.60 0.379 times

Scroll below to view daily charts

Price has moved up 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 25, 16, 22 Buy
MACD 8, 7Buy
Stochastics 73Buy
CCI 55Sell
RSI 59Buy
OBV 637764Sell
VWAP 87Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Rico Auto ( (RicoAuto) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

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

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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Rico Auto in short term and the buy signal is strong.

Rico Auto Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Rico Auto in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rico Auto is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 86.85 and Rico Auto (RicoAuto) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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