(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 2021-10-13 View latest technical analysis
10 day averaged volume of Ritco is 18400
|Date||Daily Closing Price||Open||High||Low||Volume|
|13 Wed Oct 2021||50.75||51.55||51.55||50.45||0.609 times|
|12 Tue Oct 2021||51.50||51.40||51.50||51.40||0.261 times|
|11 Mon Oct 2021||52.35||54.45||54.45||51.55||0.609 times|
|07 Thu Oct 2021||54.10||53.35||54.90||53.35||1.043 times|
|06 Wed Oct 2021||54.70||54.25||56.00||54.25||0.957 times|
|05 Tue Oct 2021||54.95||55.50||55.50||54.20||0.87 times|
|04 Mon Oct 2021||54.55||54.65||55.55||54.00||1.565 times|
|01 Fri Oct 2021||52.95||54.00||54.00||52.00||0.348 times|
|30 Thu Sep 2021||52.65||55.20||55.20||52.65||1.043 times|
|29 Wed Sep 2021||55.35||51.30||55.75||50.65||2.174 times|
My analysis of stock is bearish for shortterm, and stock might move down till 48.7 or till 45. Use a stoploss of 51.75 and if the stock hits stoploss, then it can shoot up till 54.8
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||49.32|
|Downside Intraday Target||47.88|
|Upside Intraday Target||53.32|
|Upside Intraday Target||55.88|
|Upside Intraday Target||51.88|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|13 Wed Oct 2021||50.75||54.45||54.45||50.45||0.333 times|
|07 Thu Oct 2021||54.10||54.65||56.00||53.35||0.554 times|
|01 Fri Oct 2021||52.95||46.95||55.75||46.95||0.532 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|
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|
|13 Wed Oct 2021||50.75||54.00||56.00||50.45||0.134 times|
|30 Thu Sep 2021||52.65||28.80||55.75||28.00||1.808 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|
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ritco (Ritco)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||27, 26, 3||Buy|
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
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 54 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.
Ritco Stock has given negative 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.