[moreButton]
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 12800

Date Daily Closing Price Open High Low Volume
19 Tue Oct 2021 51.15 52.90 52.90 51.15 0.75 times
18 Mon Oct 2021 51.20 53.75 53.75 51.20 0.625 times
14 Thu Oct 2021 51.50 51.00 51.50 51.00 0.375 times
13 Wed Oct 2021 50.75 51.55 51.55 50.45 0.875 times
12 Tue Oct 2021 51.50 51.40 51.50 51.40 0.375 times
11 Mon Oct 2021 52.35 54.45 54.45 51.55 0.875 times
07 Thu Oct 2021 54.10 53.35 54.90 53.35 1.5 times
06 Wed Oct 2021 54.70 54.25 56.00 54.25 1.375 times
05 Tue Oct 2021 54.95 55.50 55.50 54.20 1.25 times
04 Mon Oct 2021 54.55 54.65 55.55 54.00 2.25 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 50.9 as stoploss in an intra day buy trade for a target of 52.58. However, stock will show a bearish move below 50.9.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 22.85
Downside Target 23.95
Downside Target 24.60
Downside Target 28.00
Downside Target 31.00
Downside Target 33.80
Downside Target 46.95
Downside Target 50.45
Upside Target 53.35
Upside Target 55.40
Upside Target 55.75
Upside Target 56.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 50.28
Downside Intraday Target 49.42
Upside Intraday Target 52.88
Upside Intraday Target 54.62
Upside Intraday Target 52.02

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
19 Tue Oct 2021 51.15 53.75 53.75 51.15 0.55 times
14 Thu Oct 2021 51.50 54.45 54.45 50.45 0.392 times
07 Thu Oct 2021 54.10 54.65 56.00 53.35 0.554 times
01 Fri Oct 2021 52.95 46.95 55.75 46.95 0.532 times
24 Fri Sep 2021 49.40 50.00 55.40 47.10 1.138 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
19 Tue Oct 2021 51.15 54.00 56.00 50.45 0.16 times
30 Thu Sep 2021 52.65 28.80 55.75 28.00 1.808 times
31 Tue Aug 2021 28.90 30.95 31.00 24.60 1.198 times
30 Fri Jul 2021 32.30 23.95 33.80 23.95 1.521 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 31, 20, 21 Buy
MACD 6, 8Sell
Stochastics 15Sell
CCI -55Sell
RSI 60Buy
OBV 409600Sell
VWAP 53Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Ritco ( (Ritco) ) based on a short 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.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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 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 SELL signal for Ritco in short term but the sell signal is initial and weak.

Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and SELL signal is strong!

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

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 53.36 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock has given negative 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 Ritco charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme