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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 2022-05-11 View latest technical analysis

10 day averaged volume of Ritco is 52573

Date Daily Closing Price Open High Low Volume
11 Wed May 2022 123.85 127.55 136.00 123.80 0.87 times
10 Tue May 2022 130.30 136.10 136.10 130.30 0.109 times
09 Mon May 2022 137.15 132.05 138.00 129.40 0.143 times
06 Fri May 2022 135.50 132.50 146.40 132.50 1.641 times
05 Thu May 2022 139.45 139.45 144.45 139.45 0.308 times
04 Wed May 2022 146.75 154.45 157.80 146.75 0.741 times
02 Mon May 2022 154.45 145.00 155.30 144.25 1.428 times
29 Fri Apr 2022 147.95 146.95 148.65 136.00 2.631 times
28 Thu Apr 2022 141.60 137.25 141.60 135.00 1.027 times
27 Wed Apr 2022 134.90 134.25 136.40 123.50 1.162 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 123.2 as stoploss in an intra day buy trade for a target of 132.95. However, stock will show a bearish move below 123.2.

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 123.80
Upside 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 119.1
Downside Intraday Target 114.35
Upside Intraday Target 133.3
Upside Intraday Target 142.75
Upside Intraday Target 128.55

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
11 Wed May 2022 123.85 132.05 138.00 123.80 0.273 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 down 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
11 Wed May 2022 123.85 145.00 157.80 123.80 0.157 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 23, 26, 7 Sell
MACD 22, 26Sell
Stochastics 25Sell
CCI -121Sell
RSI 52Buy
OBV 862456Sell
VWAP 142Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is

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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

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 positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 141.91 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock has given negative 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

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Daily chart

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