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 2022-05-02 View latest technical analysis

10 day averaged volume of Ritco is 108409

Date Daily Closing Price Open High Low Volume
02 Mon May 2022 154.45 145.00 155.30 144.25 0.693 times
29 Fri Apr 2022 147.95 146.95 148.65 136.00 1.276 times
28 Thu Apr 2022 141.60 137.25 141.60 135.00 0.498 times
27 Wed Apr 2022 134.90 134.25 136.40 123.50 0.564 times
26 Tue Apr 2022 129.95 120.00 132.00 119.70 0.392 times
25 Mon Apr 2022 126.00 132.00 132.00 126.00 0.044 times
22 Fri Apr 2022 132.60 129.00 133.70 124.65 0.56 times
21 Thu Apr 2022 127.35 127.00 133.00 122.85 0.504 times
20 Wed Apr 2022 129.30 142.40 142.40 128.90 0.594 times
19 Tue Apr 2022 135.65 127.20 136.15 127.20 2.51 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 140.8, but if it comes below 140.8, then a intra day sell could be more profitable.
If you take a sell trade below 140.8, then use 140.8 as stoploss and 120.45 as target. However if you take a buy trade in stock , then use 140.8 as stoploss and 165.1 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 47.35
Downside Target 63.50
Downside Target 65.10
Downside Target 69.15
Downside Target 72.00
Downside Target 74.10
Downside Target 82.40
Downside Target 107.75
Downside Target 113.10
Downside Target 118.45
Downside Target 124.65
Downside Target 142.40
Downside Target 148.65
Upside Target 155.30

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 147.37
Downside Intraday Target 140.28
Upside Intraday Target 158.42
Upside Intraday Target 162.38
Downside Intraday Target 151.33

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
02 Mon May 2022 154.45 145.00 155.30 144.25 0.25 times
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

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
02 Mon May 2022 154.45 145.00 155.30 144.25 0.043 times
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

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Ritco (Ritco)

Indicator Name Indicator Value Indicator Signal
ADX 44, 12, 57 Buy
MACD 31, 29Buy
Stochastics 97Buy
CCI 179Buy
RSI 64Buy
OBV 1611043Sell
VWAP 138Buy
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 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 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 138.13 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.

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