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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 16480

Date Daily Closing Price Open High Low Volume
22 Fri Oct 2021 44.80 44.60 45.60 44.40 2.524 times
21 Thu Oct 2021 46.70 48.60 48.60 46.60 3.398 times
20 Wed Oct 2021 49.05 49.50 49.90 48.60 1.359 times
19 Tue Oct 2021 51.15 52.90 52.90 51.15 0.583 times
18 Mon Oct 2021 51.20 53.75 53.75 51.20 0.485 times
14 Thu Oct 2021 51.50 51.00 51.50 51.00 0.291 times
13 Wed Oct 2021 50.75 51.55 51.55 50.45 0.68 times
12 Tue Oct 2021 51.50 51.40 51.50 51.40 0.291 times
11 Mon Oct 2021 52.35 54.45 54.45 51.55 0.68 times
07 Thu Oct 2021 54.10 53.35 54.90 53.35 1.165 times

Stock of Ritco (Ritco) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.9, for a target of 49.1 or 51.72

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 44.40
Upside Target 46.95
Upside 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 41.55
Downside Intraday Target 38.3
Upside Intraday Target 50.9
Upside Intraday Target 57
Upside Intraday Target 47.65

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
22 Fri Oct 2021 44.80 53.75 53.75 44.40 4.3 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ritco (Ritco)

Date Monthly Closing Price Open High Low Volume
22 Fri Oct 2021 44.80 54.00 56.00 44.40 0.3 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 22, 42, 31 Sell
MACD 4, 6Sell
Stochastics 4Sell
CCI -182Sell
RSI 53Buy
OBV 44800Sell
VWAP 49Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 48.55 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

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Daily charts

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Daily chart

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