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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)

10 day averaged volume of Ritco is 9008

Date Daily Closing Price Open High Low Volume
30 Mon Jan 2023 152.00 163.90 163.90 152.00 0.427 times
27 Fri Jan 2023 159.95 166.70 166.70 158.35 0.178 times
25 Wed Jan 2023 166.65 180.00 180.00 165.00 0.475 times
24 Tue Jan 2023 172.95 172.95 172.95 172.95 0.033 times
23 Mon Jan 2023 164.75 164.75 164.75 164.75 0.035 times
20 Fri Jan 2023 156.95 156.95 156.95 156.95 0.033 times
19 Thu Jan 2023 149.50 146.40 149.50 145.75 0.08 times
18 Wed Jan 2023 142.40 142.85 145.95 139.40 8.392 times
17 Tue Jan 2023 144.45 145.60 145.60 140.65 0.712 times
16 Mon Jan 2023 146.10 148.75 149.30 146.00 0.018 times

My analysis of stock is bearish for shortterm, and stock might move down till 147.2 or till 137.4. Use a stoploss of 155.31 and if the stock hits stoploss, then it can shoot up till 163.46

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 139.40
Downside Target 145.35
Downside Target 152.00
Upside Target 155.30
Upside Target 162.05
Upside Target 168.70
Upside Target 177.90
Upside Target 180.00
Upside Target 187.80
Upside Target 198.35
Upside Target 205.90
Upside Target 213.75
Upside Target 252.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 148.03
Downside Intraday Target 144.07
Upside Intraday Target 159.93
Upside Intraday Target 167.87
Upside Intraday Target 155.97

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
30 Mon Jan 2023 152.00 163.90 163.90 152.00 0.593 times
27 Fri Jan 2023 159.95 164.75 180.00 158.35 0.078 times
20 Fri Jan 2023 156.95 148.75 156.95 139.40 1.323 times
13 Fri Jan 2023 147.05 154.45 158.20 146.00 8.319 times
06 Fri Jan 2023 157.40 162.10 168.70 155.30 0.249 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
30 Mon Jan 2023 152.00 162.10 180.00 139.40 2.568 times
30 Fri Dec 2022 160.70 190.10 205.90 145.35 1.04 times
30 Wed Nov 2022 190.00 193.90 198.35 162.05 0.579 times
31 Mon Oct 2022 192.50 184.60 213.75 177.90 0.362 times

Scroll below to view daily charts

Price has moved down 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 24, 33, 16 Sell
MACD -6, -9Buy
Stochastics 50None
CCI -4Sell
RSI 56Buy
OBV -146877Sell
VWAP 145Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Ritco stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Ritco in short term but the buy signal is initial and weak.

Ritco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ritco in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 144.63 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 negative.

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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Daily chart

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