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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 2022-07-21 View latest technical analysis

10 day averaged volume of Ritco is 2592

Date Daily Closing Price Open High Low Volume
21 Thu Jul 2022 133.70 133.15 136.80 130.50 1.134 times
20 Wed Jul 2022 131.10 121.15 138.70 121.15 4.011 times
19 Tue Jul 2022 133.55 131.00 134.80 130.25 0.454 times
18 Mon Jul 2022 134.75 134.00 135.25 132.00 0.942 times
15 Fri Jul 2022 134.00 132.55 136.70 132.50 0.241 times
14 Thu Jul 2022 132.40 131.05 136.30 131.05 0.278 times
13 Wed Jul 2022 132.80 131.65 134.00 130.70 0.315 times
12 Tue Jul 2022 131.65 130.95 132.75 127.50 0.325 times
11 Mon Jul 2022 132.80 131.10 133.85 130.45 0.425 times
08 Fri Jul 2022 132.00 129.70 132.55 126.90 2.003 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 134 as stoploss in an intra day sell trade for a target of 131.69. However, stock will show a bullish move above 134.

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
Downside 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 123.67
Downside Intraday Target 113.63
Upside Intraday Target 141.22
Upside Intraday Target 148.73
Downside Intraday Target 131.18

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
21 Thu Jul 2022 133.70 134.00 138.70 121.15 4.131 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
21 Thu Jul 2022 133.70 134.15 142.95 121.15 0.151 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 13, 23, 26 Sell
MACD 3, 3Sell
Stochastics 66None
CCI 68Buy
RSI 55Buy
OBV 594Sell
VWAP 132Buy
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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

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

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

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.

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

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 tired and bears are picking up momentum.

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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 132.26 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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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