(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 2022-04-27 View latest technical analysis
10 day averaged volume of Ritco is 88678
|Date||Daily Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||134.90||134.25||136.40||123.50||0.689 times|
|26 Tue Apr 2022||129.95||120.00||132.00||119.70||0.479 times|
|25 Mon Apr 2022||126.00||132.00||132.00||126.00||0.053 times|
|22 Fri Apr 2022||132.60||129.00||133.70||124.65||0.684 times|
|21 Thu Apr 2022||127.35||127.00||133.00||122.85||0.616 times|
|20 Wed Apr 2022||129.30||142.40||142.40||128.90||0.726 times|
|19 Tue Apr 2022||135.65||127.20||136.15||127.20||3.068 times|
|18 Mon Apr 2022||129.70||130.85||130.85||118.45||3.74 times|
|13 Wed Apr 2022||124.65||124.65||124.65||124.65||0.265 times|
|12 Tue Apr 2022||118.75||118.75||118.75||118.75||0.205 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 132.2, but if it comes below 132.2, then a intra day sell could be more profitable.
If you take a sell trade below 132.2, then use 132.2 as stoploss and 108.46 as target. However if you take a buy trade in stock , then use 132.2 as stoploss and 160.7 as target.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||124.27|
|Downside Intraday Target||113.63|
|Upside Intraday Target||140.97|
|Upside Intraday Target||147.03|
|Downside Intraday Target||130.33|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|27 Wed Apr 2022||134.90||132.00||136.40||119.70||0.138 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 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|
|27 Wed Apr 2022||134.90||70.00||142.40||69.15||6.347 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, 18, 33||Buy|
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 gaining momentum.
MACD generated a BUY signal for Ritco in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 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 131.45 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