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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 2022-05-23 View latest technical analysis

10 day averaged volume of Ritco is 23201

Date Daily Closing Price Open High Low Volume
23 Mon May 2022 128.70 128.25 134.45 128.05 0.158 times
20 Fri May 2022 132.55 127.50 133.00 125.70 0.109 times
19 Thu May 2022 127.25 130.10 130.10 126.00 0.103 times
18 Wed May 2022 132.55 131.25 132.55 127.25 4.45 times
17 Tue May 2022 126.25 133.25 133.25 125.05 0.444 times
16 Mon May 2022 129.75 129.00 129.75 123.00 0.511 times
13 Fri May 2022 123.60 112.00 123.60 112.00 0.384 times
12 Thu May 2022 117.75 118.10 123.00 117.70 1.452 times
11 Wed May 2022 123.85 127.55 136.00 123.80 1.972 times
10 Tue May 2022 130.30 136.10 136.10 130.30 0.248 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 124.4 as stoploss in an intra day buy trade for a target of 133.31. However, stock will show a bearish move below 124.4.

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 119.70
Downside Target 123.00
Downside Target 128.05
Upside Target 132.50
Upside Target 138.00
Upside Target 148.65
Upside Target 157.80

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 126.35
Downside Intraday Target 124
Upside Intraday Target 132.75
Upside Intraday Target 136.8
Upside Intraday Target 130.4

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
23 Mon May 2022 128.70 128.25 134.45 128.05 0.028 times
20 Fri May 2022 132.55 129.00 133.25 123.00 1.282 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

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
23 Mon May 2022 128.70 145.00 157.80 112.00 0.257 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, 22, 5 Buy
MACD 12, 15Sell
Stochastics 64None
CCI 63Sell
RSI 54Buy
OBV 318101Sell
VWAP 128Buy
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short 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.

Price action analysis of Ritco ( (Ritco) ) based on a short 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.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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 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 BUY. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls 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 but SELL 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 127.66 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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Daily charts

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Daily chart

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