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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 2022-05-18 View latest technical analysis

10 day averaged volume of Ritco is 26524

Date Daily Closing Price Open High Low Volume
18 Wed May 2022 132.55 131.25 132.55 127.25 3.893 times
17 Tue May 2022 126.25 133.25 133.25 125.05 0.388 times
16 Mon May 2022 129.75 129.00 129.75 123.00 0.447 times
13 Fri May 2022 123.60 112.00 123.60 112.00 0.336 times
12 Thu May 2022 117.75 118.10 123.00 117.70 1.27 times
11 Wed May 2022 123.85 127.55 136.00 123.80 1.725 times
10 Tue May 2022 130.30 136.10 136.10 130.30 0.217 times
09 Mon May 2022 137.15 132.05 138.00 129.40 0.284 times
06 Fri May 2022 135.50 132.50 146.40 132.50 3.252 times
05 Thu May 2022 139.45 139.45 144.45 139.45 0.611 times

Stock of Ritco (Ritco) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 124.4 or till 113.8. Use a stoploss of 133.35 and if the stock hits stoploss, then it can shoot up till 142.25

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 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 125.95
Downside Intraday Target 119.35
Upside Intraday Target 136.2
Upside Intraday Target 139.85
Downside Intraday Target 129.6

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
18 Wed May 2022 132.55 129.00 133.25 123.00 1.233 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
18 Wed May 2022 132.55 145.00 157.80 112.00 0.253 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, 26, 4 Sell
MACD 14, 18Sell
Stochastics 43None
CCI 10Buy
RSI 54Buy
OBV 474725Sell
VWAP 130Buy
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short 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 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 to mid 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 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 moving up

CCI has generated a buy signal for Ritco in short term and BUY signal is strong.

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 130.47 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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