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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 2022-07-25 View latest technical analysis

10 day averaged volume of Ritco is 3396

Date Daily Closing Price Open High Low Volume
25 Mon Jul 2022 136.90 140.40 140.40 136.00 0.524 times
22 Fri Jul 2022 140.35 132.50 140.35 131.80 3.799 times
21 Thu Jul 2022 133.70 133.15 136.80 130.50 0.865 times
20 Wed Jul 2022 131.10 121.15 138.70 121.15 3.061 times
19 Tue Jul 2022 133.55 131.00 134.80 130.25 0.346 times
18 Mon Jul 2022 134.75 134.00 135.25 132.00 0.719 times
15 Fri Jul 2022 134.00 132.55 136.70 132.50 0.184 times
14 Thu Jul 2022 132.40 131.05 136.30 131.05 0.212 times
13 Wed Jul 2022 132.80 131.65 134.00 130.70 0.24 times
12 Tue Jul 2022 131.65 130.95 132.75 127.50 0.248 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 135.4, but if it comes below 135.4, then a intra day sell could be more profitable.
If you take a sell trade below 135.4, then use 135.4 as stoploss and 132.46 as target. However if you take a buy trade in stock , then use 135.4 as stoploss and 139 as target.

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 136.00
Upside Target 140.35
Upside Target 140.40
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 135.13
Downside Intraday Target 133.37
Upside Intraday Target 139.53
Upside Intraday Target 142.17
Upside Intraday Target 137.77

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
25 Mon Jul 2022 136.90 140.40 140.40 136.00 0.06 times
22 Fri Jul 2022 140.35 134.00 140.35 121.15 7.274 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

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
25 Mon Jul 2022 136.90 134.15 142.95 121.15 0.208 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 up 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, 19, 9 Sell
MACD 4, 3Buy
Stochastics 84Buy
CCI 153Buy
RSI 56Buy
OBV 12081Sell
VWAP 136Buy
ADL 0Sell
ROC 3Buy
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is losing momentum.

MACD generated a BUY signal for Ritco in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! 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 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 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 135.54 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

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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