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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 2022-04-29 View latest technical analysis

10 day averaged volume of Ritco is 96928

Date Daily Closing Price Open High Low Volume
29 Fri Apr 2022 147.95 146.95 148.65 136.00 1.427 times
28 Thu Apr 2022 141.60 137.25 141.60 135.00 0.557 times
27 Wed Apr 2022 134.90 134.25 136.40 123.50 0.63 times
26 Tue Apr 2022 129.95 120.00 132.00 119.70 0.438 times
25 Mon Apr 2022 126.00 132.00 132.00 126.00 0.049 times
22 Fri Apr 2022 132.60 129.00 133.70 124.65 0.626 times
21 Thu Apr 2022 127.35 127.00 133.00 122.85 0.564 times
20 Wed Apr 2022 129.30 142.40 142.40 128.90 0.664 times
19 Tue Apr 2022 135.65 127.20 136.15 127.20 2.807 times
18 Mon Apr 2022 129.70 130.85 130.85 118.45 3.421 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 137.8, but if it comes below 137.8, then a intra day sell could be more profitable.
If you take a sell trade below 137.8, then use 137.8 as stoploss and 116.23 as target. However if you take a buy trade in stock , then use 137.8 as stoploss and 163.6 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
Downside Target 142.40
Upside Target 148.65

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 128.88
Downside Intraday Target 109.82
Upside Intraday Target 157.83
Upside Intraday Target 167.72
Downside Intraday Target 138.77

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
29 Fri Apr 2022 147.95 132.00 148.65 119.70 0.384 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
29 Fri Apr 2022 147.95 70.00 148.65 69.15 7.127 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 41, 14, 50 Buy
MACD 30, 28Buy
Stochastics 88Buy
CCI 186Buy
RSI 63Buy
OBV 1539144Sell
VWAP 134Buy
ADL 0Sell
ROC 19Buy
Force Index 0Sell

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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 134.42 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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