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(ResourcefulAutomobile) Resourceful Automobile complete technical analysis [charts+indicators] | Buy/Sell Resourceful Automobile | (ResourcefulAutomobile) share price targets

Complete technical analysis of Resourceful Automobile (ResourcefulAutomobile) by charts plus indicators, forecast predictions and share price targets for Resourceful Automobile (ResourcefulAutomobile)

Showing technical analysis as on 2024-12-09 View latest technical analysis

10 day averaged volume of Resourceful Automobile is 5040

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	54.76	54.76	54.76	54.76	0.238 times
06 Fri Dec 2024	56.06	55.51	56.06	55.51	0.476 times
04 Wed Dec 2024	57.33	57.33	57.33	57.33	1.19 times
03 Tue Dec 2024	54.60	54.50	54.60	54.50	1.19 times
02 Mon Dec 2024	52.00	50.51	52.00	50.51	1.19 times
29 Fri Nov 2024	50.09	51.64	51.64	50.09	0.714 times
28 Thu Nov 2024	51.64	52.35	52.35	51.64	0.476 times
27 Wed Nov 2024	51.64	49.30	51.65	49.30	1.429 times
26 Tue Nov 2024	49.20	50.71	50.71	49.20	0.476 times
25 Mon Nov 2024	48.31	48.12	49.85	48.12	2.143 times

My analysis of stock is bullish for shortterm, and stock might move up till 57.5 or till 61.9. Use a stoploss of 53.79 and if this stock hits its stoploss, then it can fall down till 50.1

Share price targets for Resourceful Automobile (ResourcefulAutomobile)

Target Type	Value
Downside Target	47.56
Downside Target	50.51
Downside Target	52.30
Downside Target	54.55
Upside Target	57.33
Upside Target	57.56
Upside Target	60.91
Upside Target	61.00
Upside Target	71.92
Upside Target	116.75
Upside Target	120.00
Upside Target	128.00

Intraday share price targets for Resourceful Automobile (ResourcefulAutomobile)

Target Type	Value
Downside Intraday Target	54.76
Downside Intraday Target	54.76
Downside Intraday Target	54.76
Downside Intraday Target	54.76
Downside Intraday Target	54.76

Weekly technical analysis of Resourceful Automobile (ResourcefulAutomobile)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	54.76	54.76	54.76	54.76	0.059 times
06 Fri Dec 2024	56.06	50.51	57.33	50.51	0.773 times
29 Fri Nov 2024	50.09	48.12	52.35	48.12	1.294 times
22 Fri Nov 2024	48.12	52.30	52.30	47.56	1.889 times
13 Wed Nov 2024	55.00	57.15	57.56	54.66	0.643 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 Resourceful Automobile (ResourcefulAutomobile)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	54.76	50.51	57.33	50.51	0.273 times
29 Fri Nov 2024	50.09	60.74	60.91	47.56	0.508 times
30 Wed Oct 2024	57.85	63.80	71.92	54.55	0.154 times
30 Mon Sep 2024	63.95	120.00	120.00	61.00	2.717 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 Resourceful Automobile (ResourcefulAutomobile)

Price action analysis of Resourceful Automobile ( (ResourcefulAutomobile) ) 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 Resourceful Automobile ( (ResourcefulAutomobile) ) 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 Resourceful Automobile ( (ResourcefulAutomobile) ) 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 Resourceful Automobile ( (ResourcefulAutomobile) ) 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 Resourceful Automobile stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Resourceful Automobile 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.

Resourceful Automobile 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 red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Resourceful Automobile in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Resourceful Automobile is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 52.08 and Resourceful Automobile (ResourcefulAutomobile) 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 Resourceful Automobile (ResourcefulAutomobile) stock. Volume based technical analysis of Resourceful Automobile (ResourcefulAutomobile) stock is negative.

Resourceful Automobile Stock is giving positive 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.