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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 2021-09-29 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)

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 55.40
Upside Target 55.75

Intraday share price targets for Ritco (Ritco)

Target Type Value
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
MACD 11, 10Buy
Stochastics 84Buy
CCI 90Buy
RSI 60Buy
OBV 748800Sell
VWAP 52Buy
ADL 0Sell
ROC 27Buy
Force Index 0Sell

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.

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