Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Target Type Value
Downside Target 22.85
Downside Target 23.95
Downside Target 24.60
Downside Target 28.00
Downside Target 31.00
Downside Target 33.80
Downside Target 36.00
Downside Target 46.95
Downside Target 50.45
Upside Target 53.35
Upside Target 54.45
Upside Target 55.75
Upside Target 56.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
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
MACD 8, 9Sell
Stochastics 27Sell
CCI -151Sell
RSI 57Buy
OBV 508800Sell
VWAP 54Sell
ADL 0Sell
ROC -4Sell
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

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.

Click here for Ritco charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme