(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 2021-10-21 View latest technical analysis
10 day averaged volume of Ritco is 12480
|Date||Daily Closing Price||Open||High||Low||Volume|
|21 Thu Oct 2021||46.70||48.60||48.60||46.60||4.487 times|
|20 Wed Oct 2021||49.05||49.50||49.90||48.60||1.795 times|
|19 Tue Oct 2021||51.15||52.90||52.90||51.15||0.769 times|
|18 Mon Oct 2021||51.20||53.75||53.75||51.20||0.641 times|
|14 Thu Oct 2021||51.50||51.00||51.50||51.00||0.385 times|
|13 Wed Oct 2021||50.75||51.55||51.55||50.45||0.897 times|
|12 Tue Oct 2021||51.50||51.40||51.50||51.40||0.385 times|
|11 Mon Oct 2021||52.35||54.45||54.45||51.55||0.897 times|
|07 Thu Oct 2021||54.10||53.35||54.90||53.35||1.538 times|
|06 Wed Oct 2021||54.70||54.25||56.00||54.25||1.41 times|
Stock of Ritco (Ritco) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 47.4, for a target of 50 or 52.21
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||44.28|
|Downside Intraday Target||41.87|
|Upside Intraday Target||51.43|
|Upside Intraday Target||56.17|
|Upside Intraday Target||49.02|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|21 Thu Oct 2021||46.70||53.75||53.75||46.60||3 times|
|14 Thu Oct 2021||51.50||54.45||54.45||50.45||0.392 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|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ritco (Ritco)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|21 Thu Oct 2021||46.70||54.00||56.00||46.60||0.251 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||24, 35, 18||Sell|
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 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 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 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 SELL. Signal strength is Weak and stock is gaining 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 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 50.15 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.