(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 2022-05-17 View latest technical analysis
10 day averaged volume of Ritco is 33003
|Date||Daily Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||126.25||133.25||133.25||125.05||0.312 times|
|16 Mon May 2022||129.75||129.00||129.75||123.00||0.359 times|
|13 Fri May 2022||123.60||112.00||123.60||112.00||0.27 times|
|12 Thu May 2022||117.75||118.10||123.00||117.70||1.021 times|
|11 Wed May 2022||123.85||127.55||136.00||123.80||1.387 times|
|10 Tue May 2022||130.30||136.10||136.10||130.30||0.174 times|
|09 Mon May 2022||137.15||132.05||138.00||129.40||0.228 times|
|06 Fri May 2022||135.50||132.50||146.40||132.50||2.614 times|
|05 Thu May 2022||139.45||139.45||144.45||139.45||0.491 times|
|04 Wed May 2022||146.75||154.45||157.80||146.75||1.18 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 124.6 as stoploss in an intra day buy trade for a target of 133.51. However, stock will show a bearish move below 124.6.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||121.75|
|Downside Intraday Target||117.25|
|Upside Intraday Target||132|
|Upside Intraday Target||137.75|
|Upside Intraday Target||127.5|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|17 Tue May 2022||126.25||129.00||133.25||123.00||0.218 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|
|17 Tue May 2022||126.25||145.00||157.80||112.00||0.194 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||26, 28, 4||Sell|
Price action analysis of Ritco ( (Ritco) ) based on a short 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 coming down
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 132.05 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.