(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, 15 | Sell |
| Stochastics | 64 | None |
| CCI | 63 | Sell |
| RSI | 54 | Buy |
| OBV | 318101 | Sell |
| VWAP | 128 | Buy |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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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