(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 11813
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Jul 2022 | 127.30 | 131.40 | 131.40 | 126.25 | 0.055 times |
| 05 Tue Jul 2022 | 129.10 | 132.00 | 135.00 | 126.10 | 0.015 times |
| 04 Mon Jul 2022 | 129.10 | 135.70 | 142.95 | 128.30 | 0.671 times |
| 01 Fri Jul 2022 | 131.50 | 134.15 | 134.15 | 129.50 | 0.112 times |
| 30 Thu Jun 2022 | 135.00 | 135.30 | 136.65 | 135.00 | 0.112 times |
| 29 Wed Jun 2022 | 133.20 | 131.40 | 135.75 | 126.55 | 0.208 times |
| 28 Tue Jun 2022 | 129.85 | 134.20 | 137.00 | 127.75 | 0.261 times |
| 27 Mon Jun 2022 | 134.20 | 128.90 | 137.35 | 124.10 | 0.64 times |
| 24 Fri Jun 2022 | 127.75 | 126.25 | 128.90 | 124.35 | 0.068 times |
| 23 Thu Jun 2022 | 124.85 | 124.95 | 127.15 | 122.30 | 0.099 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 125.2 as stoploss in an intra day buy trade for a target of 132.16. However, stock will show a bearish move below 125.2.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 65.10 |
| Downside Target | 69.15 |
| Downside Target | 72.00 |
| Downside Target | 112.00 |
| Downside Target | 122.00 |
| Upside Target | 132.00 |
| Upside Target | 137.35 |
| Upside Target | 142.95 |
| Upside Target | 148.65 |
| Upside Target | 154.90 |
| Upside Target | 157.45 |
| Upside Target | 157.80 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 121.28 |
| Downside Intraday Target | 115.27 |
| Upside Intraday Target | 138.13 |
| Upside Intraday Target | 148.97 |
| Upside Intraday Target | 132.12 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Jul 2022 | 127.30 | 135.70 | 142.95 | 126.10 | 0.555 times |
| 01 Fri Jul 2022 | 131.50 | 128.90 | 137.35 | 124.10 | 0.142 times |
| 24 Fri Jun 2022 | 127.75 | 123.75 | 132.00 | 112.65 | 2.164 times |
| 17 Fri Jun 2022 | 125.15 | 154.90 | 154.90 | 122.00 | 0.875 times |
| 10 Fri Jun 2022 | 150.70 | 128.15 | 157.45 | 125.05 | 1.769 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 |
| 06 Wed Jul 2022 | 127.30 | 134.15 | 142.95 | 126.10 | 0.039 times |
| 30 Thu Jun 2022 | 135.00 | 120.25 | 157.45 | 112.65 | 0.505 times |
| 31 Tue May 2022 | 122.10 | 145.00 | 157.80 | 112.00 | 0.291 times |
| 29 Fri Apr 2022 | 147.95 | 70.00 | 148.65 | 69.15 | 7.127 times |
Scroll below to view daily charts
Price has moved down 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 | 21, 18, 8 | Buy |
| MACD | 2, 3 | Sell |
| Stochastics | 33 | None |
| CCI | -62 | Sell |
| RSI | 60 | Buy |
| OBV | -173017 | Sell |
| VWAP | 131 | Sell |
| ADL | 0 | Sell |
| ROC | 2 | 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 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 to mid 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
Ritco 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. Bears 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 Ritco in short term and SELL signal is strong!
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
Although the stock is in the SELL zone, but selling 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 131.17 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. 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.
Click here for further forecast and predictions for tomorrow