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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 2022-07-20 View latest technical analysis

10 day averaged volume of Ritco is 1617

Date Daily Closing Price Open High Low Volume
20 Wed Jul 2022 131.10 121.15 138.70 121.15 6.429 times
19 Tue Jul 2022 133.55 131.00 134.80 130.25 0.727 times
18 Mon Jul 2022 134.75 134.00 135.25 132.00 1.51 times
15 Fri Jul 2022 134.00 132.55 136.70 132.50 0.387 times
14 Thu Jul 2022 132.40 131.05 136.30 131.05 0.445 times
13 Wed Jul 2022 132.80 131.65 134.00 130.70 0.505 times
12 Tue Jul 2022 131.65 130.95 132.75 127.50 0.521 times
11 Mon Jul 2022 132.80 131.10 133.85 130.45 0.681 times
08 Fri Jul 2022 132.00 129.70 132.55 126.90 3.211 times
07 Thu Jul 2022 128.10 128.00 130.10 127.00 1.612 times

Stock of Ritco (Ritco) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 128.5 or till 125.3. Use a stoploss of 131.25 and if the stock hits stoploss, then it can shoot up till 133.98

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 65.10
Downside Target 69.15
Downside Target 72.00
Downside Target 112.00
Downside Target 121.15
Downside Target 124.10
Upside Target 132.00
Upside Target 136.70
Upside Target 138.70
Upside Target 142.95
Upside Target 148.65
Upside Target 157.45
Upside Target 157.80

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 121.93
Downside Intraday Target 112.77
Upside Intraday Target 139.48
Upside Intraday Target 147.87
Downside Intraday Target 130.32

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
20 Wed Jul 2022 131.10 134.00 138.70 121.15 3.415 times
15 Fri Jul 2022 134.00 131.10 136.70 127.50 0.248 times
08 Fri Jul 2022 132.00 135.70 142.95 126.10 1.05 times
01 Fri Jul 2022 131.50 128.90 137.35 124.10 0.142 times
24 Fri Jun 2022 127.75 123.75 132.00 112.65 2.164 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ritco (Ritco)

Date Monthly Closing Price Open High Low Volume
20 Wed Jul 2022 131.10 134.15 142.95 121.15 0.139 times
30 Thu Jun 2022 135.00 120.25 157.45 112.65 0.521 times
31 Tue May 2022 122.10 145.00 157.80 112.00 0.282 times
29 Fri Apr 2022 147.95 70.00 148.65 69.15 7.127 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 15, 25, 26 Sell
MACD 3, 3Sell
Stochastics 69None
CCI -68Sell
RSI 55Buy
OBV -94652Sell
VWAP 132Sell
ADL 0Sell
ROC 3Buy
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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 mid to longer term time period is

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. 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 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 131.68 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 negative.

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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