(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 2021-07-19 View latest technical analysis
10 day averaged volume of Ritco is 19520
|Date||Daily Closing Price||Open||High||Low||Volume|
|19 Mon Jul 2021||29.60||31.05||31.05||29.60||0.984 times|
|16 Fri Jul 2021||31.00||30.50||31.55||30.50||0.902 times|
|15 Thu Jul 2021||30.05||30.20||30.50||30.00||0.574 times|
|14 Wed Jul 2021||31.20||31.75||31.75||31.20||0.738 times|
|13 Tue Jul 2021||31.75||31.90||31.90||29.50||1.311 times|
|12 Mon Jul 2021||30.70||30.70||30.70||30.70||2.213 times|
|09 Fri Jul 2021||29.25||29.25||29.25||29.00||2.869 times|
|08 Thu Jul 2021||27.90||27.90||27.90||27.90||0.164 times|
|06 Tue Jul 2021||26.60||26.60||26.60||26.60||0.41 times|
|05 Mon Jul 2021||25.35||25.35||25.35||25.35||0.328 times|
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 29.7 as stoploss in an intra day sell trade for a target of 26.62. However, stock will show a bullish move above 29.7.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||29.12|
|Downside Intraday Target||28.63|
|Upside Intraday Target||30.57|
|Upside Intraday Target||31.53|
|Upside Intraday Target||30.08|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|19 Mon Jul 2021||29.60||31.05||31.05||29.60||0.171 times|
|16 Fri Jul 2021||31.00||30.70||31.90||29.50||1.522 times|
|09 Fri Jul 2021||29.25||25.35||29.25||25.35||3.833 times|
|01 Thu Jul 2021||24.15||24.00||24.30||23.00||0.6 times|
|25 Fri Jun 2021||23.95||24.30||25.90||22.85||0.29 times|
Price has moved down 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|
|19 Mon Jul 2021||29.60||23.95||31.90||23.95||0.822 times|
|30 Wed Jun 2021||23.00||30.20||31.40||22.85||1.417 times|
|31 Mon May 2021||29.65||25.40||29.65||19.80||0.479 times|
|30 Fri Apr 2021||24.20||16.90||24.20||15.00||2.376 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||40, 24, 24||Buy|
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 losing momentum.
MACD generated a BUY signal for Ritco in short term and the buy signal is strong.
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 coming down
CCI has generated a SELL signal for Ritco in short term but SELL signal is weak.
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 29.99 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.