(RACE) Race Eco complete technical analysis [charts+indicators] | Buy/Sell Race Eco | (RACE) share price targets
Complete technical analysis of Race Eco (RACE) by charts plus indicators, forecast predictions and share price targets for Race Eco (RACE)
10 day averaged volume of Race Eco is 7286
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 332.60 | 335.80 | 335.80 | 325.75 | 0.795 times |
| 17 Fri May 2024 | 335.80 | 319.50 | 340.00 | 319.25 | 1.695 times |
| 16 Thu May 2024 | 321.70 | 315.55 | 327.20 | 314.00 | 1.72 times |
| 15 Wed May 2024 | 314.00 | 318.00 | 322.75 | 313.00 | 0.654 times |
| 14 Tue May 2024 | 318.00 | 321.15 | 323.25 | 312.90 | 0.542 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 331.3, but if it comes below 331.3, then a intra day sell could be more profitable.
If you take a sell trade below 331.3, then use 331.3 as stoploss and 324.32 as target. However if you take a buy trade in stock , then use 331.3 as stoploss and 339.7 as target.
Share price targets for Race Eco (RACE)
| Target Type | Value |
| Downside Target | 298.10 |
| Downside Target | 310.00 |
| Downside Target | 319.55 |
| Upside Target | 333.00 |
| Upside Target | 342.20 |
| Upside Target | 343.75 |
| Upside Target | 345.00 |
| Upside Target | 379.45 |
| Upside Target | 381.45 |
| Upside Target | 382.45 |
Intraday share price targets for Race Eco (RACE)
| Target Type | Value |
| Downside Intraday Target | 326.97 |
| Downside Intraday Target | 321.33 |
| Upside Intraday Target | 337.02 |
| Upside Intraday Target | 341.43 |
| Downside Intraday Target | 331.38 |
Weekly technical analysis of Race Eco (RACE)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 332.60 | 335.80 | 335.80 | 325.75 | 0.142 times |
| 17 Fri May 2024 | 335.80 | 326.25 | 340.00 | 312.90 | 0.193 times |
| 10 Fri May 2024 | 326.25 | 345.00 | 345.00 | 310.00 | 3.136 times |
| 03 Fri May 2024 | 331.85 | 330.20 | 343.75 | 319.60 | 0.8 times |
| 26 Fri Apr 2024 | 330.20 | 309.00 | 333.00 | 303.05 | 1.18 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 Race Eco (RACE)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Mon May 2024 | 332.60 | 333.70 | 345.00 | 310.00 | 0.795 times |
| 30 Tue Apr 2024 | 332.00 | 331.60 | 343.75 | 298.10 | 1.391 times |
| 28 Thu Mar 2024 | 325.10 | 368.40 | 382.45 | 319.55 | 1.154 times |
| 29 Thu Feb 2024 | 369.60 | 367.30 | 379.45 | 334.95 | 1.074 times |
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 Race Eco (RACE)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 21, 11, 30 | Buy |
| MACD | -4, -6 | Buy |
| Stochastics | 60 | None |
| CCI | 118 | Sell |
| RSI | 51 | Buy |
| OBV | -106533 | Sell |
| VWAP | 325 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Race Eco ( (RACE) ) 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 Race Eco ( (RACE) ) 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 Race Eco ( (RACE) ) based on a short to mid 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 Race Eco ( (RACE) ) 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 Race Eco stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Race Eco in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Race Eco 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. Bulls 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 Race Eco 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 negative zone. This is the SELL zone
Stock of Race Eco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 325.42 and Race Eco (RACE) 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 Race Eco (RACE) stock. Volume based technical analysis of Race Eco (RACE) stock is negative.
Race Eco 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.
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