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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 2650

Date Daily Closing Price Open High Low Volume
06 Mon Feb 2023 143.35 137.50 143.35 137.50 1.228 times
03 Fri Feb 2023 136.55 135.05 142.35 133.40 1.134 times
02 Thu Feb 2023 140.40 142.00 149.95 140.40 2.234 times
01 Wed Feb 2023 147.75 156.05 162.00 146.80 0.647 times
31 Tue Jan 2023 154.35 146.50 159.60 144.40 1.967 times
30 Mon Jan 2023 152.00 163.90 163.90 152.00 1.453 times
27 Fri Jan 2023 159.95 166.70 166.70 158.35 0.603 times
25 Wed Jan 2023 166.65 180.00 180.00 165.00 1.615 times
24 Tue Jan 2023 172.95 172.95 172.95 172.95 0.113 times
23 Mon Jan 2023 164.75 164.75 164.75 164.75 0.119 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 142.3 as stoploss in an intra day buy trade for a target of 151.26. However, stock will show a bearish move below 142.3.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 133.40
Downside Target 137.50
Downside Target 143.35
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 139.45
Downside Intraday Target 135.55
Upside Intraday Target 145.3
Upside Intraday Target 147.25
Downside Intraday Target 141.4

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
06 Mon Feb 2023 143.35 137.50 143.35 137.50 0.165 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
06 Mon Feb 2023 143.35 156.05 162.00 133.40 0.082 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 16, 35, 38 Sell
MACD -11, -9Sell
Stochastics 9Sell
CCI -94Buy
RSI 53Buy
OBV -153515Sell
VWAP 150Sell
ADL 0Sell
ROC -9Sell
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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Ritco in short term and the sell signal is strong.

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

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 150.22 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 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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