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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 1476

Date Daily Closing Price Open High Low Volume
01 Thu Dec 2022 189.20 190.10 190.10 184.00 0.257 times
30 Wed Nov 2022 190.00 188.20 192.00 188.00 0.893 times
29 Tue Nov 2022 191.85 198.35 198.35 185.70 0.606 times
28 Mon Nov 2022 191.10 186.35 194.10 186.35 3.413 times
25 Fri Nov 2022 184.90 178.25 185.00 178.00 0.686 times
24 Thu Nov 2022 178.00 177.25 187.00 177.25 1.138 times
23 Wed Nov 2022 185.00 185.00 186.25 173.20 1.463 times
22 Tue Nov 2022 179.50 173.55 180.00 170.20 0.679 times
21 Mon Nov 2022 177.45 173.60 183.90 173.60 0.558 times
18 Fri Nov 2022 182.40 179.90 182.50 175.70 0.316 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 188.2, but if it comes below 188.2, then a intra day sell could be more profitable.
If you take a sell trade below 188.2, then use 188.2 as stoploss and 181.7 as target. However if you take a buy trade in stock , then use 188.2 as stoploss and 196.1 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 132.95
Downside Target 162.05
Downside Target 168.00
Downside Target 177.90
Downside Target 184.00
Upside Target 193.60
Upside Target 196.00
Upside Target 198.35
Upside Target 213.75
Upside Target 248.60
Upside Target 252.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 182.68
Downside Intraday Target 176.17
Upside Intraday Target 197.03
Upside Intraday Target 204.87
Upside Intraday Target 190.52

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
01 Thu Dec 2022 189.20 186.35 198.35 184.00 1.143 times
25 Fri Nov 2022 184.90 173.60 187.00 170.20 1.336 times
18 Fri Nov 2022 182.40 165.85 186.00 162.05 0.199 times
11 Fri Nov 2022 170.10 187.00 193.60 168.00 0.387 times
04 Fri Nov 2022 186.30 187.00 196.00 177.90 17.402 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
01 Thu Dec 2022 189.20 190.10 190.10 184.00 0.006 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
30 Fri Sep 2022 194.20 244.95 252.00 187.80 0.693 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 22, 15, 21 Buy
MACD -2, -4Buy
Stochastics 72Buy
CCI 52Sell
RSI 54Buy
OBV -31859Sell
VWAP 186Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 BUY. Signal strength is Strong and stock is losing momentum.

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

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 tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 186.37 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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