(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)
Intraday share price targets for Ritco (Ritco)
|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|
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.