(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 2022-05-09 View latest technical analysis
10 day averaged volume of Ritco is 57785
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 137.15 | 132.05 | 138.00 | 129.40 | 0.13 times |
| 06 Fri May 2022 | 135.50 | 132.50 | 146.40 | 132.50 | 1.493 times |
| 05 Thu May 2022 | 139.45 | 139.45 | 144.45 | 139.45 | 0.28 times |
| 04 Wed May 2022 | 146.75 | 154.45 | 157.80 | 146.75 | 0.674 times |
| 02 Mon May 2022 | 154.45 | 145.00 | 155.30 | 144.25 | 1.3 times |
| 29 Fri Apr 2022 | 147.95 | 146.95 | 148.65 | 136.00 | 2.394 times |
| 28 Thu Apr 2022 | 141.60 | 137.25 | 141.60 | 135.00 | 0.934 times |
| 27 Wed Apr 2022 | 134.90 | 134.25 | 136.40 | 123.50 | 1.058 times |
| 26 Tue Apr 2022 | 129.95 | 120.00 | 132.00 | 119.70 | 0.735 times |
| 25 Mon Apr 2022 | 126.00 | 132.00 | 132.00 | 126.00 | 0.082 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 143.5 as stoploss in an intra day sell trade for a target of 130.76. However, stock will show a bullish move above 143.5.
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 | 113.10 |
| Downside Target | 118.45 |
| Downside Target | 124.65 |
| Downside Target | 129.40 |
| Downside Target | 132.50 |
| Upside Target | 138.00 |
| Upside Target | 142.40 |
| Upside Target | 148.65 |
| Upside Target | 157.80 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 131.7 |
| Downside Intraday Target | 126.25 |
| Upside Intraday Target | 140.3 |
| Upside Intraday Target | 143.45 |
| Downside Intraday Target | 134.85 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon May 2022 | 137.15 | 132.05 | 138.00 | 129.40 | 0.035 times |
| 06 Fri May 2022 | 135.50 | 145.00 | 157.80 | 132.50 | 0.72 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 |
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 |
| 09 Mon May 2022 | 137.15 | 145.00 | 157.80 | 129.40 | 0.128 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 down 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 | 29, 24, 9 | Buy |
| MACD | 27, 29 | Sell |
| Stochastics | 46 | None |
| CCI | -38 | Sell |
| RSI | 56 | Buy |
| OBV | 1072374 | Sell |
| VWAP | 143 | Sell |
| ADL | 0 | Sell |
| ROC | 3 | Buy |
| Force Index | 0 | Sell |
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
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. Bears 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 SELL signal for Ritco in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 142.5 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.
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