(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 2022-05-13 View latest technical analysis
10 day averaged volume of Ritco is 50158
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 123.60 | 112.00 | 123.60 | 112.00 | 0.178 times |
| 12 Thu May 2022 | 117.75 | 118.10 | 123.00 | 117.70 | 0.672 times |
| 11 Wed May 2022 | 123.85 | 127.55 | 136.00 | 123.80 | 0.912 times |
| 10 Tue May 2022 | 130.30 | 136.10 | 136.10 | 130.30 | 0.115 times |
| 09 Mon May 2022 | 137.15 | 132.05 | 138.00 | 129.40 | 0.15 times |
| 06 Fri May 2022 | 135.50 | 132.50 | 146.40 | 132.50 | 1.72 times |
| 05 Thu May 2022 | 139.45 | 139.45 | 144.45 | 139.45 | 0.323 times |
| 04 Wed May 2022 | 146.75 | 154.45 | 157.80 | 146.75 | 0.776 times |
| 02 Mon May 2022 | 154.45 | 145.00 | 155.30 | 144.25 | 1.497 times |
| 29 Fri Apr 2022 | 147.95 | 146.95 | 148.65 | 136.00 | 2.758 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 124.4, but if it comes above 124.4, then a intra day buy could be more profitable.
If you take a sell trade below 124.4, then use 124.4 as stoploss and 113.6 as target. However if you take a buy trade in stock , then use 124.4 as stoploss and 133.42 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 | 112.00 |
| Downside Target | 118.45 |
| Upside Target | 124.65 |
| 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 | 111.07 |
| Downside Intraday Target | 98.53 |
| Upside Intraday Target | 137.07 |
| Upside Intraday Target | 150.53 |
| Upside Intraday Target | 124.53 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri May 2022 | 123.60 | 132.05 | 138.00 | 112.00 | 0.47 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 |
| 13 Fri May 2022 | 123.60 | 145.00 | 157.80 | 112.00 | 0.181 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 | 19, 34, 28 | Sell |
| MACD | 17, 22 | Sell |
| Stochastics | 9 | Sell |
| CCI | -119 | Buy |
| RSI | 52 | Buy |
| OBV | 743281 | Sell |
| VWAP | 141 | Sell |
| ADL | 0 | Sell |
| ROC | -13 | Sell |
| Force Index | 0 | Sell |
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 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 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 Strong and stock is gaining 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 moving up
CCI has generated a buy signal for Ritco in short term but BUY signal is weak.
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
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 140.74 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.
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