Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-05-26 View latest technical analysis

10 day averaged volume of Ritco is 20018

Date Daily Closing Price Open High Low Volume
26 Thu May 2022 118.30 118.70 122.30 113.60 0.096 times
25 Wed May 2022 119.55 128.20 128.20 119.55 1.16 times
24 Tue May 2022 125.80 129.20 132.90 125.05 0.017 times
23 Mon May 2022 128.70 128.25 134.45 128.05 0.183 times
20 Fri May 2022 132.55 127.50 133.00 125.70 0.127 times
19 Thu May 2022 127.25 130.10 130.10 126.00 0.12 times
18 Wed May 2022 132.55 131.25 132.55 127.25 5.158 times
17 Tue May 2022 126.25 133.25 133.25 125.05 0.515 times
16 Mon May 2022 129.75 129.00 129.75 123.00 0.592 times
13 Fri May 2022 123.60 112.00 123.60 112.00 0.446 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 122.1, but if it comes above 122.1, then a intra day buy could be more profitable.
If you take a sell trade below 122.1, then use 122.1 as stoploss and 110.2 as target. However if you take a buy trade in stock , then use 122.1 as stoploss and 131.95 as target.

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
Upside Target 119.70
Upside Target 123.00
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 109.78
Downside Intraday Target 101.27
Upside Intraday Target 130.63
Upside Intraday Target 142.97
Upside Intraday Target 122.12

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
26 Thu May 2022 118.30 128.25 134.45 113.60 0.224 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
26 Thu May 2022 118.30 145.00 157.80 112.00 0.272 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 17, 32, 30 Sell
MACD 8, 12Sell
Stochastics 40None
CCI -147Sell
RSI 55Buy
OBV 194155Sell
VWAP 129Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 SELL. Signal strength is Strong 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. Bears 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 and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 129.37 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock is giving positive 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.

Click here for Ritco charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme