(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, 9 | Buy |
| Stochastics | 75 | Buy |
| CCI | 34 | Buy |
| RSI | 60 | Buy |
| OBV | 696000 | Sell |
| VWAP | 50 | Buy |
| ADL | 0 | Sell |
| ROC | 31 | 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.
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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