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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 2022-08-02 View latest technical analysis

10 day averaged volume of Ritco is 4229

Date Daily Closing Price Open High Low Volume
02 Tue Aug 2022 146.65 136.90 148.30 136.65 0.705 times
01 Mon Aug 2022 134.85 138.00 139.80 132.95 0.24 times
29 Fri Jul 2022 135.85 141.50 143.00 135.80 0.13 times
28 Thu Jul 2022 138.35 138.50 140.05 136.80 1.843 times
27 Wed Jul 2022 135.65 127.05 140.95 127.05 0.134 times
26 Tue Jul 2022 137.90 136.00 146.20 133.35 0.75 times
25 Mon Jul 2022 136.90 140.40 140.40 136.00 0.421 times
22 Fri Jul 2022 140.35 132.50 140.35 131.80 3.05 times
21 Thu Jul 2022 133.70 133.15 136.80 130.50 0.695 times
20 Wed Jul 2022 131.10 121.15 138.70 121.15 2.458 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 143.7, for a target of 138.7 or 134.53

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 69.15
Downside Target 112.00
Downside Target 121.15
Downside Target 126.10
Downside Target 132.95
Downside Target 136.70
Downside Target 140.35
Downside Target 146.20
Upside Target 148.30
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 136.97
Downside Intraday Target 127.28
Upside Intraday Target 152.32
Upside Intraday Target 157.98
Downside Intraday Target 142.63

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
02 Tue Aug 2022 146.65 138.00 148.30 132.95 0.288 times
29 Fri Jul 2022 135.85 140.40 146.20 127.05 0.464 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

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
02 Tue Aug 2022 146.65 138.00 148.30 132.95 0.061 times
29 Fri Jul 2022 135.85 134.15 146.20 121.15 0.254 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

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 24, 17, 19 Buy
MACD 5, 4Buy
Stochastics 69None
CCI 174Buy
RSI 62Buy
OBV 24877Sell
VWAP 137Buy
ADL 0Sell
ROC 10Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short 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 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 to mid 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.

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 BUY. Signal strength is Weak and stock is gaining 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 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 green color and prices are above the green 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 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 137.24 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 positive

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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