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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 2022-05-09 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, 29Sell
Stochastics 46None
CCI -38Sell
RSI 56Buy
OBV 1072374Sell
VWAP 143Sell
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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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Daily charts

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Daily chart

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