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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)

Showing technical analysis as on 2021-04-19 View latest technical analysis

10 day averaged volume of Ritco is 7840

Date Daily Closing Price Open High Low Volume
19 Mon Apr 2021 17.25 17.00 17.25 17.00 7.551 times
16 Fri Apr 2021 15.70 16.75 16.80 15.50 2.041 times
13 Tue Apr 2021 15.50 15.75 15.75 15.50 1.224 times
12 Mon Apr 2021 15.75 15.85 15.85 15.75 0.816 times
09 Fri Apr 2021 15.85 16.15 16.30 15.00 2.245 times
08 Thu Apr 2021 16.50 17.05 17.05 16.30 0.816 times
07 Wed Apr 2021 17.00 17.00 17.00 17.00 0.204 times
06 Tue Apr 2021 17.65 17.65 17.65 17.65 0.204 times
01 Thu Apr 2021 16.90 16.90 16.90 16.90 0.408 times
31 Wed Mar 2021 16.85 17.75 17.75 16.85 1.429 times

Stock of Ritco (Ritco) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.6 as stoploss in an intra day sell trade for a target of 16.89. However, stock will show a bullish move above 17.6.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 15.00
Downside Target 15.50
Downside Target 15.90
Downside Target 16.45
Upside Target 17.65
Upside Target 17.75
Upside Target 17.80
Upside Target 18.85
Upside Target 19.80
Upside Target 20.30
Upside Target 22.11

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 17.08
Downside Intraday Target 16.92
Upside Intraday Target 17.33
Upside Intraday Target 17.42
Downside Intraday Target 17.17

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
19 Mon Apr 2021 17.25 17.00 17.25 17.00 1.85 times
16 Fri Apr 2021 15.70 15.85 16.80 15.50 1.176 times
09 Fri Apr 2021 15.85 17.65 17.65 15.00 1.417 times
01 Thu Apr 2021 16.90 16.45 17.75 16.45 0.279 times
26 Fri Mar 2021 17.15 17.40 17.80 16.50 2.048 times

Price has moved up 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
19 Mon Apr 2021 17.25 16.90 17.65 15.00 0.752 times
31 Wed Mar 2021 16.85 17.50 19.80 16.45 0.598 times
26 Fri Feb 2021 17.20 17.70 18.85 15.90 1.07 times
29 Fri Jan 2021 17.60 19.00 20.30 16.75 0.498 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 35, 33, 4 Buy
MACD -1, -1Sell
Stochastics 42None
CCI 65Buy
RSI 59Buy
OBV -27200Sell
VWAP 17Buy
ADL 0Sell
ROC 1Buy
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 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 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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Ritco in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 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 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 16.6 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.

Click here for Ritco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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