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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 2021-05-03 View latest technical analysis

10 day averaged volume of Ritco is 34720

Date Daily Closing Price Open High Low Volume
03 Mon May 2021 25.40 25.40 25.40 25.25 0.415 times
30 Fri Apr 2021 24.20 22.35 24.20 22.35 2.212 times
29 Thu Apr 2021 22.00 19.15 22.00 19.15 2.627 times
28 Wed Apr 2021 20.00 18.20 20.00 18.20 0.922 times
26 Mon Apr 2021 18.20 18.20 18.20 18.20 0.046 times
23 Fri Apr 2021 19.00 19.05 19.05 19.00 0.138 times
22 Thu Apr 2021 19.00 18.95 19.00 18.90 0.23 times
20 Tue Apr 2021 18.95 18.95 18.95 17.30 1.382 times
19 Mon Apr 2021 17.25 17.00 17.25 17.00 1.705 times
16 Fri Apr 2021 15.70 16.75 16.80 15.50 0.461 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 24.2, for a target of 21 or 18.3

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 17.65
Downside Target 18.20
Downside Target 18.85
Downside Target 19.80
Downside Target 20.30
Downside Target 24.20
Downside Target 25.25
Downside Target 25.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 25.3
Downside Intraday Target 25.2
Upside Intraday Target 25.45
Upside Intraday Target 25.5
Downside Intraday Target 25.35

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
03 Mon May 2021 25.40 25.40 25.40 25.25 0.071 times
30 Fri Apr 2021 24.20 18.20 24.20 18.20 1.68 times
23 Fri Apr 2021 19.00 17.00 19.05 17.00 3.75 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

Price has moved up 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
03 Mon May 2021 25.40 25.40 25.40 25.25 0.038 times
30 Fri Apr 2021 24.20 16.90 24.20 15.00 2.376 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

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 70, 15, 66 Buy
MACD 2, 1Buy
Stochastics 100Buy
CCI 173Buy
RSI 70Buy
OBV 280000Sell
VWAP 21Buy
ADL 0Sell
ROC 64Buy
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 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 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 gaining momentum.

MACD generated a BUY signal for Ritco in short term and the buy signal is strong.

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 tired and bears 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 20.81 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

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Daily charts

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