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(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 1815

Date Daily Closing Price Open High Low Volume
07 Wed Dec 2022 196.95 199.05 200.65 194.00 1.126 times
06 Tue Dec 2022 194.15 190.50 202.65 190.50 2.341 times
05 Mon Dec 2022 193.00 197.00 198.60 190.50 0.261 times
02 Fri Dec 2022 198.60 181.60 198.65 181.60 0.522 times
01 Thu Dec 2022 189.20 190.10 190.10 184.00 0.209 times
30 Wed Nov 2022 190.00 188.20 192.00 188.00 0.726 times
29 Tue Nov 2022 191.85 198.35 198.35 185.70 0.493 times
28 Mon Nov 2022 191.10 186.35 194.10 186.35 2.776 times
25 Fri Nov 2022 184.90 178.25 185.00 178.00 0.558 times
24 Thu Nov 2022 178.00 177.25 187.00 177.25 0.925 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 192.6, but if it comes below 192.6, then a intra day sell could be more profitable.
If you take a sell trade below 192.6, then use 192.6 as stoploss and 183.99 as target. However if you take a buy trade in stock , then use 192.6 as stoploss and 203 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 132.95
Downside Target 162.05
Downside Target 168.00
Downside Target 177.90
Downside Target 181.60
Downside Target 186.00
Upside Target 198.35
Upside Target 198.65
Upside Target 202.65
Upside Target 213.75
Upside Target 248.60
Upside Target 252.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 190.75
Downside Intraday Target 184.55
Upside Intraday Target 202.9
Upside Intraday Target 208.85
Downside Intraday Target 196.7

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
07 Wed Dec 2022 196.95 197.00 202.65 190.50 0.789 times
02 Fri Dec 2022 198.60 186.35 198.65 181.60 1.285 times
25 Fri Nov 2022 184.90 173.60 187.00 170.20 1.336 times
18 Fri Nov 2022 182.40 165.85 186.00 162.05 0.199 times
11 Fri Nov 2022 170.10 187.00 193.60 168.00 0.387 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 Ritco (Ritco)

Date Monthly Closing Price Open High Low Volume
07 Wed Dec 2022 196.95 190.10 202.65 181.60 0.132 times
30 Wed Nov 2022 190.00 193.90 198.35 162.05 0.579 times
31 Mon Oct 2022 192.50 184.60 213.75 177.90 0.362 times
30 Fri Sep 2022 194.20 244.95 252.00 187.80 0.693 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 Ritco (Ritco)

Indicator Name Indicator Value Indicator Signal
ADX 24, 9, 45 Buy
MACD 2, -1Buy
Stochastics 76Buy
CCI 112Buy
RSI 53Buy
OBV -13494Sell
VWAP 191Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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 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 Ritco stock for short term is BUY. Signal strength is Strong and stock is gaining 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 moving up

CCI has generated a buy signal for Ritco in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 191.28 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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Daily charts

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Daily chart

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