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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)

10 day averaged volume of Ritco is 2945

Date Daily Closing Price Open High Low Volume
07 Tue Feb 2023 150.25 150.50 150.50 142.95 4.539 times
06 Mon Feb 2023 143.35 137.50 143.35 137.50 1.105 times
03 Fri Feb 2023 136.55 135.05 142.35 133.40 1.021 times
02 Thu Feb 2023 140.40 142.00 149.95 140.40 2.011 times
01 Wed Feb 2023 147.75 156.05 162.00 146.80 0.582 times
31 Tue Jan 2023 154.35 146.50 159.60 144.40 1.77 times
30 Mon Jan 2023 152.00 163.90 163.90 152.00 1.307 times
27 Fri Jan 2023 159.95 166.70 166.70 158.35 0.543 times
25 Wed Jan 2023 166.65 180.00 180.00 165.00 1.454 times
24 Tue Jan 2023 172.95 172.95 172.95 172.95 0.102 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 142.2 or till 131.5. Use a stoploss of 151.16 and if the stock hits stoploss, then it can shoot up till 160.12

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 133.40
Downside Target 137.50
Downside Target 145.35
Upside Target 150.50
Upside Target 156.95
Upside Target 162.00
Upside Target 163.90
Upside Target 177.90
Upside Target 180.00
Upside Target 198.35
Upside Target 205.90
Upside Target 213.75

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 141.67
Downside Intraday Target 133.08
Upside Intraday Target 154.67
Upside Intraday Target 159.08
Downside Intraday Target 146.08

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
07 Tue Feb 2023 150.25 137.50 150.50 137.50 0.843 times
03 Fri Feb 2023 136.55 163.90 163.90 133.40 3.034 times
27 Fri Jan 2023 159.95 164.75 180.00 158.35 0.078 times
20 Fri Jan 2023 156.95 148.75 156.95 139.40 1.323 times
13 Fri Jan 2023 147.05 154.45 158.20 146.00 8.319 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
07 Tue Feb 2023 150.25 156.05 162.00 133.40 0.161 times
31 Tue Jan 2023 154.35 162.10 180.00 139.40 2.649 times
30 Fri Dec 2022 160.70 190.10 205.90 145.35 1.04 times
30 Wed Nov 2022 190.00 193.90 198.35 162.05 0.579 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 22, 32, 18 Sell
MACD -10, -9Sell
Stochastics 21Sell
CCI -41Buy
RSI 54Buy
OBV -139573Sell
VWAP 150Buy
ADL 0Sell
ROC -9Sell
Force Index 0Sell

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 150.12 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 negative.

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

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Daily charts

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Daily chart

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