(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)
10 day averaged volume of Ritco is 5706
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 154.45 | 159.30 | 160.25 | 147.60 | 2.617 times |
| 11 Thu Aug 2022 | 155.75 | 166.70 | 166.70 | 155.00 | 0.906 times |
| 10 Wed Aug 2022 | 162.75 | 158.00 | 165.55 | 154.75 | 1.994 times |
| 08 Mon Aug 2022 | 158.70 | 158.95 | 160.00 | 154.70 | 0.776 times |
| 05 Fri Aug 2022 | 156.50 | 153.95 | 165.05 | 153.35 | 2.308 times |
| 04 Thu Aug 2022 | 151.85 | 154.20 | 155.45 | 147.75 | 0.8 times |
| 03 Wed Aug 2022 | 148.75 | 142.80 | 154.05 | 141.40 | 1.053 times |
| 02 Tue Aug 2022 | 146.65 | 136.90 | 148.30 | 136.65 | 0.522 times |
| 01 Mon Aug 2022 | 134.85 | 138.00 | 139.80 | 132.95 | 0.178 times |
| 30 Sat Jul 2022 | 135.85 | 141.50 | 143.00 | 135.80 | 0.097 times |
Stock of Ritco (Ritco) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 153, but if it comes below 153, then a intra day sell could be more profitable.
If you take a sell trade below 153, then use 153 as stoploss and 143.12 as target. However if you take a buy trade in stock , then use 153 as stoploss and 164.9 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 69.15 |
| Downside Target | 112.00 |
| Downside Target | 121.15 |
| Downside Target | 127.05 |
| Downside Target | 132.95 |
| Downside Target | 136.70 |
| Downside Target | 140.35 |
| Downside Target | 146.20 |
| Downside Target | 148.65 |
| Upside Target | 157.45 |
| Upside Target | 157.80 |
| Upside Target | 165.05 |
| Upside Target | 166.70 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 145.8 |
| Downside Intraday Target | 137.15 |
| Upside Intraday Target | 164.9 |
| Upside Intraday Target | 175.35 |
| Upside Intraday Target | 156.25 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Aug 2022 | 154.45 | 158.95 | 166.70 | 147.60 | 1.295 times |
| 05 Fri Aug 2022 | 156.50 | 138.00 | 165.05 | 132.95 | 2.001 times |
| 30 Sat Jul 2022 | 135.85 | 140.40 | 146.20 | 127.05 | 0.464 times |
| 22 Fri Jul 2022 | 140.35 | 134.00 | 140.35 | 121.15 | 7.274 times |
| 15 Fri Jul 2022 | 134.00 | 131.10 | 136.70 | 127.50 | 0.248 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 |
| 12 Fri Aug 2022 | 154.45 | 138.00 | 166.70 | 132.95 | 0.969 times |
| 30 Sat Jul 2022 | 135.85 | 134.15 | 146.20 | 121.15 | 0.254 times |
| 30 Thu Jun 2022 | 135.00 | 120.25 | 157.45 | 112.65 | 0.505 times |
| 31 Tue May 2022 | 122.10 | 145.00 | 157.80 | 112.00 | 0.291 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 | 27, 15, 29 | Buy |
| MACD | 12, 10 | Buy |
| Stochastics | 75 | Buy |
| CCI | 30 | Sell |
| RSI | 57 | Buy |
| OBV | 36089 | Sell |
| VWAP | 155 | Sell |
| ADL | 0 | Sell |
| ROC | 12 | Buy |
| Force Index | 0 | Sell |
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 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 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 green color and prices are above the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 155.19 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 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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