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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 2022-08-04 View latest technical analysis

10 day averaged volume of Ritco is 3970

Date Daily Closing Price Open High Low Volume
04 Thu Aug 2022 151.85 154.20 155.45 147.75 1.15 times
03 Wed Aug 2022 148.75 142.80 154.05 141.40 1.513 times
02 Tue Aug 2022 146.65 136.90 148.30 136.65 0.751 times
01 Mon Aug 2022 134.85 138.00 139.80 132.95 0.255 times
29 Fri Jul 2022 135.85 141.50 143.00 135.80 0.139 times
28 Thu Jul 2022 138.35 138.50 140.05 136.80 1.963 times
27 Wed Jul 2022 135.65 127.05 140.95 127.05 0.143 times
26 Tue Jul 2022 137.90 136.00 146.20 133.35 0.799 times
25 Mon Jul 2022 136.90 140.40 140.40 136.00 0.449 times
22 Fri Jul 2022 140.35 132.50 140.35 131.80 3.249 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 149.4, for a target of 142.5 or 136.79

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
Downside Target 148.65
Upside Target 155.45
Upside Target 157.45
Upside Target 157.80

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 138.05
Downside Intraday Target 124.25
Upside Intraday Target 160.55
Upside Intraday Target 169.25
Downside Intraday Target 146.75

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
04 Thu Aug 2022 151.85 138.00 155.45 132.95 1.051 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
04 Thu Aug 2022 151.85 138.00 155.45 132.95 0.222 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 27, 13, 34 Buy
MACD 8, 5Buy
Stochastics 87Buy
CCI 169Buy
RSI 60Buy
OBV 36096Sell
VWAP 142Buy
ADL 0Sell
ROC 14Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short 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 short 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 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 Strong 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 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 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 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 142.32 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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