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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 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, 9Buy
Stochastics 76Buy
CCI 48Sell
RSI 53Buy
OBV 1190400Sell
VWAP 66Buy
ADL 0Sell
ROC 21Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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