Mobile app version of munafa.co.com
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 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, 26Buy
Stochastics 64None
CCI 14Sell
RSI 61Buy
OBV 1296912Sell
VWAP 131Sell
ADL 0Sell
ROC 21Buy
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 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.

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