(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 2021-09-29 View latest technical analysis
10 day averaged volume of Ritco is 48640
|Date||Daily Closing Price||Open||High||Low||Volume|
|29 Wed Sep 2021||55.35||51.30||55.75||50.65||0.822 times|
|28 Tue Sep 2021||53.10||51.65||53.85||51.65||0.428 times|
|27 Mon Sep 2021||51.65||46.95||51.80||46.95||1.25 times|
|24 Fri Sep 2021||49.40||49.40||49.40||49.40||0.23 times|
|23 Thu Sep 2021||51.95||52.80||52.95||51.95||0.329 times|
|22 Wed Sep 2021||54.65||55.35||55.40||53.80||2.368 times|
|21 Tue Sep 2021||52.80||52.80||52.80||49.20||2.105 times|
|20 Mon Sep 2021||50.30||50.00||50.30||47.10||0.658 times|
|17 Fri Sep 2021||47.95||47.95||47.95||43.45||2.27 times|
|16 Thu Sep 2021||45.70||45.70||45.70||45.70||0.164 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.2, but if it comes below 52.2, then a intra day sell could be more profitable.
If you take a sell trade below 52.2, then use 52.2 as stoploss and 43.66 as target. However if you take a buy trade in stock , then use 52.2 as stoploss and 62.5 as target.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||49.62|
|Downside Intraday Target||43.88|
|Upside Intraday Target||58.42|
|Upside Intraday Target||61.48|
|Downside Intraday Target||52.68|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|29 Wed Sep 2021||55.35||46.95||55.75||46.95||0.439 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|
|29 Wed Sep 2021||55.35||28.80||55.75||28.00||1.768 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||43, 19, 38||Buy|
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 51.89 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.