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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 2021-04-22 View latest technical analysis

10 day averaged volume of Ritco is 16960

Date Daily Closing Price Open High Low Volume
22 Thu Apr 2021 19.00 18.95 19.00 18.90 0.472 times
20 Tue Apr 2021 18.95 18.95 18.95 17.30 2.83 times
19 Mon Apr 2021 17.25 17.00 17.25 17.00 3.491 times
16 Fri Apr 2021 15.70 16.75 16.80 15.50 0.943 times
13 Tue Apr 2021 15.50 15.75 15.75 15.50 0.566 times
12 Mon Apr 2021 15.75 15.85 15.85 15.75 0.377 times
09 Fri Apr 2021 15.85 16.15 16.30 15.00 1.038 times
08 Thu Apr 2021 16.50 17.05 17.05 16.30 0.377 times
07 Wed Apr 2021 17.00 17.00 17.00 17.00 0.094 times
06 Tue Apr 2021 17.65 17.65 17.65 17.65 0.094 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 19, for a target of 17.9 or 16.97

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
Downside Target 17.45
Downside Target 17.80
Downside Target 18.85
Downside Target 19.00
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 17.67
Downside Intraday Target 16.33
Upside Intraday Target 19.67
Upside Intraday Target 20.33
Downside Intraday Target 18.33

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
22 Thu Apr 2021 19.00 17.00 19.00 17.00 3.6 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
22 Thu Apr 2021 19.00 16.90 19.00 15.00 1.099 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 48, 26, 29 Buy
MACD -0, -1Buy
Stochastics 94Buy
CCI 146Buy
RSI 61Buy
OBV 25600Sell
VWAP 17Buy
ADL 0Sell
ROC 12Buy
Force Index 0Sell

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 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but the buy signal is initial and weak.

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 stronger in this stock.

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 but buying is losing 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 17.34 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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