(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 2021-07-22 View latest technical analysis
10 day averaged volume of Ritco is 21120
|Date||Daily Closing Price||Open||High||Low||Volume|
|22 Thu Jul 2021||29.65||29.65||29.65||29.40||4.318 times|
|20 Tue Jul 2021||28.25||29.10||29.10||28.25||0.606 times|
|19 Mon Jul 2021||29.60||31.05||31.05||29.60||0.909 times|
|16 Fri Jul 2021||31.00||30.50||31.55||30.50||0.833 times|
|15 Thu Jul 2021||30.05||30.20||30.50||30.00||0.53 times|
|14 Wed Jul 2021||31.20||31.75||31.75||31.20||0.682 times|
|13 Tue Jul 2021||31.75||31.90||31.90||29.50||1.212 times|
|12 Mon Jul 2021||30.70||30.70||30.70||30.70||2.045 times|
|09 Fri Jul 2021||29.25||29.25||29.25||29.00||2.652 times|
|08 Thu Jul 2021||27.90||27.90||27.90||27.90||0.152 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 30.1 as stoploss in an intra day sell trade for a target of 27.13. However, stock will show a bullish move above 30.1.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||28.25|
|Downside Intraday Target||26.85|
|Upside Intraday Target||31.05|
|Upside Intraday Target||32.45|
|Downside Intraday Target||29.65|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|22 Thu Jul 2021||29.65||31.05||31.05||28.25||1.1 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|
|22 Thu Jul 2021||29.65||23.95||31.90||23.95||1.221 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||36, 28, 12||Buy|
Price action analysis of Ritco ( (Ritco) ) based on a short 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 short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Ritco in short term and the buy signal is strong.
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 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 but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 30 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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.