(Ritco) Ritco complete technical analysis [charts+indicators] | Buy/Sell Ritco | (Ritco) share price targets
Complete technical analysis of Ritco (Ritco) by charts plus indicators, forecast predictions and share price targets for Ritco (Ritco)
10 day averaged volume of Ritco is 120480
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jan 2022 | 68.10 | 69.80 | 69.80 | 66.15 | 0.279 times |
| 17 Mon Jan 2022 | 68.50 | 68.05 | 68.50 | 68.05 | 0.08 times |
| 14 Fri Jan 2022 | 67.90 | 69.00 | 71.80 | 67.45 | 0.452 times |
| 13 Thu Jan 2022 | 70.95 | 70.50 | 73.00 | 70.05 | 0.837 times |
| 12 Wed Jan 2022 | 70.05 | 69.95 | 70.05 | 67.05 | 1.381 times |
| 11 Tue Jan 2022 | 66.75 | 61.00 | 66.75 | 61.00 | 1.116 times |
| 10 Mon Jan 2022 | 60.70 | 62.50 | 63.00 | 60.00 | 0.478 times |
| 07 Fri Jan 2022 | 60.45 | 58.55 | 61.95 | 58.55 | 0.332 times |
| 06 Thu Jan 2022 | 60.15 | 62.00 | 62.00 | 58.00 | 0.279 times |
| 05 Wed Jan 2022 | 59.85 | 61.00 | 61.85 | 57.00 | 1.315 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 66.1, but if it comes below 66.1, then a intra day sell could be more profitable.
If you take a sell trade below 66.1, then use 66.1 as stoploss and 56.71 as target. However if you take a buy trade in stock , then use 66.1 as stoploss and 77.5 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 28.00 |
| Downside Target | 36.25 |
| Downside Target | 38.55 |
| Downside Target | 42.50 |
| Downside Target | 43.70 |
| Downside Target | 47.35 |
| Downside Target | 48.50 |
| Downside Target | 50.80 |
| Downside Target | 52.00 |
| Downside Target | 55.75 |
| Downside Target | 60.00 |
| Downside Target | 62.00 |
| Downside Target | 66.15 |
| Upside Target | 69.80 |
| Upside Target | 73.00 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 66.23 |
| Downside Intraday Target | 64.37 |
| Upside Intraday Target | 69.88 |
| Upside Intraday Target | 71.67 |
| Downside Intraday Target | 68.02 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jan 2022 | 68.10 | 68.05 | 69.80 | 66.15 | 0.084 times |
| 14 Fri Jan 2022 | 67.90 | 62.50 | 73.00 | 60.00 | 0.658 times |
| 07 Fri Jan 2022 | 60.45 | 48.40 | 62.00 | 47.35 | 18.074 times |
| 31 Fri Dec 2021 | 48.40 | 44.50 | 48.50 | 44.45 | 2.7 times |
| 23 Thu Dec 2021 | 47.40 | 45.20 | 47.40 | 43.70 | 0.455 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 Ritco (Ritco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Tue Jan 2022 | 68.10 | 48.40 | 73.00 | 47.35 | 6.967 times |
| 31 Fri Dec 2021 | 48.40 | 42.50 | 52.00 | 42.50 | 0.163 times |
| 29 Mon Nov 2021 | 43.40 | 39.70 | 50.80 | 38.55 | 1.828 times |
| 29 Fri Oct 2021 | 38.05 | 54.00 | 56.00 | 36.25 | 0.749 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Ritco (Ritco)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 44, 19, 39 | Buy |
| MACD | 11, 9 | Buy |
| Stochastics | 76 | Buy |
| CCI | 48 | Sell |
| RSI | 53 | Buy |
| OBV | 1190400 | Sell |
| VWAP | 66 | Buy |
| ADL | 0 | Sell |
| ROC | 21 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Ritco ( (Ritco) ) 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 Ritco ( (Ritco) ) 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 Ritco ( (Ritco) ) 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 Ritco ( (Ritco) ) 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 Ritco stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Ritco in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ritco 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 Ritco 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
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Ritco is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 65.71 and Ritco (Ritco) 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 Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.
Ritco 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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