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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 2022-05-16 View latest technical analysis

10 day averaged volume of Ritco is 45651

Date Daily Closing Price Open High Low Volume
16 Mon May 2022 129.75 129.00 129.75 123.00 0.26 times
13 Fri May 2022 123.60 112.00 123.60 112.00 0.195 times
12 Thu May 2022 117.75 118.10 123.00 117.70 0.738 times
11 Wed May 2022 123.85 127.55 136.00 123.80 1.002 times
10 Tue May 2022 130.30 136.10 136.10 130.30 0.126 times
09 Mon May 2022 137.15 132.05 138.00 129.40 0.165 times
06 Fri May 2022 135.50 132.50 146.40 132.50 1.89 times
05 Thu May 2022 139.45 139.45 144.45 139.45 0.355 times
04 Wed May 2022 146.75 154.45 157.80 146.75 0.853 times
02 Mon May 2022 154.45 145.00 155.30 144.25 1.645 times

My analysis of stock is bearish for shortterm, and stock might move down till 124.9 or till 114.3. Use a stoploss of 133.68 and if the stock hits stoploss, then it can shoot up till 142.49

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
Downside Target 123.00
Downside Target 129.75
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 125.25
Downside Intraday Target 120.75
Upside Intraday Target 132
Upside Intraday Target 134.25
Downside Intraday Target 127.5

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
16 Mon May 2022 129.75 129.00 129.75 123.00 0.117 times
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

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
16 Mon May 2022 129.75 145.00 157.80 112.00 0.188 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 24, 31, 12 Sell
MACD 16, 21Sell
Stochastics 21Sell
CCI -51Buy
RSI 52Buy
OBV 736933Sell
VWAP 137Sell
ADL 0Sell
ROC -12Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

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

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 137.32 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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Daily charts

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