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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 2022-05-27 View latest technical analysis

10 day averaged volume of Ritco is 16841

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 124.20 119.00 124.20 117.00 1.342 times
26 Thu May 2022 118.30 118.70 122.30 113.60 0.114 times
25 Wed May 2022 119.55 128.20 128.20 119.55 1.379 times
24 Tue May 2022 125.80 129.20 132.90 125.05 0.02 times
23 Mon May 2022 128.70 128.25 134.45 128.05 0.218 times
20 Fri May 2022 132.55 127.50 133.00 125.70 0.151 times
19 Thu May 2022 127.25 130.10 130.10 126.00 0.142 times
18 Wed May 2022 132.55 131.25 132.55 127.25 6.131 times
17 Tue May 2022 126.25 133.25 133.25 125.05 0.612 times
16 Mon May 2022 129.75 129.00 129.75 123.00 0.704 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 121.3 as stoploss in an intra day buy trade for a target of 131.08. However, stock will show a bearish move below 121.3.

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
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 113.72
Downside Intraday Target 103.23
Upside Intraday Target 134.57
Upside Intraday Target 144.93
Downside Intraday Target 124.08

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 124.20 128.25 134.45 113.60 0.397 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
27 Fri May 2022 124.20 145.00 157.80 112.00 0.285 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 18, 29, 23 Sell
MACD 7, 10Sell
Stochastics 38None
CCI -91Buy
RSI 56Buy
OBV 155648Sell
VWAP 129Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 getting stronger in this stock.

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 but BUY signal is weak.

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 129.01 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 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.

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Daily charts

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Daily chart

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