(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 2021-07-28 View latest technical analysis
10 day averaged volume of Ritco is 24000
|Date||Daily Closing Price||Open||High||Low||Volume|
|28 Wed Jul 2021||32.25||31.90||32.30||31.90||0.333 times|
|27 Tue Jul 2021||30.80||29.10||31.25||29.10||0.933 times|
|26 Mon Jul 2021||29.80||30.95||30.95||29.00||0.533 times|
|23 Fri Jul 2021||29.75||31.10||31.10||29.75||0.533 times|
|22 Thu Jul 2021||29.65||29.65||29.65||29.40||3.8 times|
|20 Tue Jul 2021||28.25||29.10||29.10||28.25||0.533 times|
|19 Mon Jul 2021||29.60||31.05||31.05||29.60||0.8 times|
|16 Fri Jul 2021||31.00||30.50||31.55||30.50||0.733 times|
|15 Thu Jul 2021||30.05||30.20||30.50||30.00||0.467 times|
|14 Wed Jul 2021||31.20||31.75||31.75||31.20||0.6 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 31.3, but if it comes below 31.3, then a intra day sell could be more profitable.
If you take a sell trade below 31.3, then use 31.3 as stoploss and 28.45 as target. However if you take a buy trade in stock , then use 31.3 as stoploss and 34.7 as target.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||30.07|
|Downside Intraday Target||27.88|
|Upside Intraday Target||33.37|
|Upside Intraday Target||34.48|
|Downside Intraday Target||31.18|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|28 Wed Jul 2021||32.25||30.95||32.30||29.00||0.318 times|
|23 Fri Jul 2021||29.75||31.05||31.10||28.25||1.214 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|
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|
|28 Wed Jul 2021||32.25||23.95||32.30||23.95||1.436 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||38, 21, 29||Buy|
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 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 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 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 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 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 and the buying is gaining 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 30.02 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.