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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)

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)

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 136.40
Upside Target 142.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
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
MACD 28, 26Buy
Stochastics 62None
CCI 73Buy
RSI 61Buy
OBV 1338822Sell
VWAP 131Buy
ADL 0Sell
ROC 19Buy
Force Index 0Sell

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

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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