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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 1477

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 198.60 181.60 198.65 181.60 0.642 times
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 0.892 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 3.411 times
25 Fri Nov 2022 184.90 178.25 185.00 178.00 0.685 times
24 Thu Nov 2022 178.00 177.25 187.00 177.25 1.137 times
23 Wed Nov 2022 185.00 185.00 186.25 173.20 1.462 times
22 Tue Nov 2022 179.50 173.55 180.00 170.20 0.678 times
21 Mon Nov 2022 177.45 173.60 183.90 173.60 0.558 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 198.7, for a target of 189.7 or 182.3

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 181.60
Downside Target 186.00
Downside Target 193.60
Downside Target 198.35
Upside Target 198.65
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 187.25
Downside Intraday Target 175.9
Upside Intraday Target 204.3
Upside Intraday Target 210
Downside Intraday Target 192.95

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 198.60 186.35 198.65 181.60 1.285 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
02 Fri Dec 2022 198.60 190.10 198.65 181.60 0.022 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 up 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, 12, 38 Buy
MACD 0, -3Buy
Stochastics 79Buy
CCI 95Buy
RSI 57Buy
OBV -23139Sell
VWAP 187Buy
ADL 0Sell
ROC 9Buy
Force Index 0Sell

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 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 gaining 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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ritco in short term and BUY signal is strong.

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 187.25 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 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

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Daily charts

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Daily chart

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