(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 2022-04-26 View latest technical analysis
10 day averaged volume of Ritco is 92429
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Tue Apr 2022 | 129.95 | 120.00 | 132.00 | 119.70 | 0.46 times |
| 25 Mon Apr 2022 | 126.00 | 132.00 | 132.00 | 126.00 | 0.051 times |
| 22 Fri Apr 2022 | 132.60 | 129.00 | 133.70 | 124.65 | 0.657 times |
| 21 Thu Apr 2022 | 127.35 | 127.00 | 133.00 | 122.85 | 0.591 times |
| 20 Wed Apr 2022 | 129.30 | 142.40 | 142.40 | 128.90 | 0.696 times |
| 19 Tue Apr 2022 | 135.65 | 127.20 | 136.15 | 127.20 | 2.944 times |
| 18 Mon Apr 2022 | 129.70 | 130.85 | 130.85 | 118.45 | 3.588 times |
| 13 Wed Apr 2022 | 124.65 | 124.65 | 124.65 | 124.65 | 0.255 times |
| 12 Tue Apr 2022 | 118.75 | 118.75 | 118.75 | 118.75 | 0.197 times |
| 11 Mon Apr 2022 | 113.10 | 113.10 | 113.10 | 113.10 | 0.156 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 129.5, but if it comes below 129.5, then a intra day sell could be more profitable.
If you take a sell trade below 129.5, then use 129.5 as stoploss and 105.21 as target. However if you take a buy trade in stock , then use 129.5 as stoploss and 158.7 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 42.50 |
| Downside Target | 47.35 |
| Downside Target | 52.00 |
| Downside Target | 63.50 |
| Downside Target | 65.10 |
| Downside Target | 69.15 |
| Downside Target | 72.00 |
| Downside Target | 74.10 |
| Downside Target | 77.00 |
| Downside Target | 82.40 |
| Downside Target | 107.75 |
| Downside Target | 113.10 |
| Downside Target | 118.45 |
| Downside Target | 124.65 |
| Upside Target | 132.00 |
| Upside Target | 142.40 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 122.43 |
| Downside Intraday Target | 114.92 |
| Upside Intraday Target | 134.73 |
| Upside Intraday Target | 139.52 |
| Downside Intraday Target | 127.22 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Tue Apr 2022 | 129.95 | 132.00 | 132.00 | 119.70 | 0.06 times |
| 22 Fri Apr 2022 | 132.60 | 130.85 | 142.40 | 118.45 | 13.958 times |
| 13 Wed Apr 2022 | 124.65 | 113.10 | 124.65 | 113.10 | 0.119 times |
| 08 Fri Apr 2022 | 107.75 | 82.60 | 107.75 | 82.40 | 2.458 times |
| 01 Fri Apr 2022 | 77.00 | 69.45 | 77.00 | 66.00 | 3.333 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 |
| 26 Tue Apr 2022 | 129.95 | 70.00 | 142.40 | 69.15 | 6.099 times |
| 31 Thu Mar 2022 | 70.00 | 66.15 | 72.00 | 65.10 | 0.639 times |
| 28 Mon Feb 2022 | 69.00 | 72.10 | 74.10 | 63.50 | 0.237 times |
| 31 Mon Jan 2022 | 72.95 | 48.40 | 75.30 | 47.35 | 8.483 times |
Scroll below to view daily charts
Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Ritco (Ritco)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 35, 21, 25 | Buy |
| MACD | 28, 26 | Buy |
| Stochastics | 64 | None |
| CCI | 14 | Sell |
| RSI | 61 | Buy |
| OBV | 1296912 | Sell |
| VWAP | 131 | Sell |
| ADL | 0 | Sell |
| ROC | 21 | Buy |
| Force Index | 0 | Sell |
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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Ritco in short term and the buy signal is strong.
Ritco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 but buying is losing 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 130.91 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. 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.
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