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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 2021-09-27 View latest technical analysis

10 day averaged volume of Ritco is 52000

Date Daily Closing Price Open High Low Volume
27 Mon Sep 2021 51.65 46.95 51.80 46.95 1.169 times
24 Fri Sep 2021 49.40 49.40 49.40 49.40 0.215 times
23 Thu Sep 2021 51.95 52.80 52.95 51.95 0.308 times
22 Wed Sep 2021 54.65 55.35 55.40 53.80 2.215 times
21 Tue Sep 2021 52.80 52.80 52.80 49.20 1.969 times
20 Mon Sep 2021 50.30 50.00 50.30 47.10 0.615 times
17 Fri Sep 2021 47.95 47.95 47.95 43.45 2.123 times
16 Thu Sep 2021 45.70 45.70 45.70 45.70 0.154 times
15 Wed Sep 2021 43.55 43.55 43.55 43.55 0.185 times
14 Tue Sep 2021 41.50 41.50 41.50 41.00 1.323 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.9, but if it comes below 49.9, then a intra day sell could be more profitable.
If you take a sell trade below 49.9, then use 49.9 as stoploss and 41.17 as target. However if you take a buy trade in stock , then use 49.9 as stoploss and 60.4 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 19.80
Downside Target 22.85
Downside Target 23.95
Downside Target 24.60
Downside Target 28.00
Downside Target 29.65
Downside Target 31.00
Downside Target 33.80
Downside Target 36.00
Downside Target 38.20
Downside Target 46.95
Downside Target 47.95
Upside Target 51.80
Upside Target 55.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 48.47
Downside Intraday Target 45.28
Upside Intraday Target 53.32
Upside Intraday Target 54.98
Downside Intraday Target 50.13

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
27 Mon Sep 2021 51.65 46.95 51.80 46.95 0.22 times
24 Fri Sep 2021 49.40 50.00 55.40 47.10 1.138 times
17 Fri Sep 2021 47.95 38.00 47.95 36.00 1.788 times
09 Thu Sep 2021 37.70 31.60 38.20 31.60 1.441 times
03 Fri Sep 2021 31.35 28.80 31.50 28.00 0.819 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
27 Mon Sep 2021 51.65 28.80 55.40 28.00 1.64 times
31 Tue Aug 2021 28.90 30.95 31.00 24.60 1.198 times
30 Fri Jul 2021 32.30 23.95 33.80 23.95 1.521 times
30 Wed Jun 2021 23.00 30.20 31.40 22.85 1.417 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ritco (Ritco)

Indicator Name Indicator Value Indicator Signal
ADX 40, 26, 22 Buy
MACD 10, 9Buy
Stochastics 75Buy
CCI 34Buy
RSI 60Buy
OBV 696000Sell
VWAP 50Buy
ADL 0Sell
ROC 31Buy
Force Index 0Sell

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.

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 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 50.09 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.

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Daily charts

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