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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 2022-08-11 View latest technical analysis

10 day averaged volume of Ritco is 5245

Date Daily Closing Price Open High Low Volume
11 Thu Aug 2022 155.75 166.70 166.70 155.00 0.986 times
10 Wed Aug 2022 162.75 158.00 165.55 154.75 2.169 times
08 Mon Aug 2022 158.70 158.95 160.00 154.70 0.845 times
05 Fri Aug 2022 156.50 153.95 165.05 153.35 2.51 times
04 Thu Aug 2022 151.85 154.20 155.45 147.75 0.871 times
03 Wed Aug 2022 148.75 142.80 154.05 141.40 1.145 times
02 Tue Aug 2022 146.65 136.90 148.30 136.65 0.568 times
01 Mon Aug 2022 134.85 138.00 139.80 132.95 0.193 times
29 Fri Jul 2022 135.85 141.50 143.00 135.80 0.105 times
28 Thu Jul 2022 138.35 138.50 140.05 136.80 1.486 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 151.8, but if it comes below 151.8, then a intra day sell could be more profitable.
If you take a sell trade below 151.8, then use 151.8 as stoploss and 142.02 as target. However if you take a buy trade in stock , then use 151.8 as stoploss and 163.6 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 69.15
Downside Target 112.00
Downside Target 121.15
Downside Target 127.05
Downside Target 132.95
Downside Target 136.70
Downside Target 140.35
Downside Target 146.20
Downside Target 154.70
Upside Target 157.45
Upside Target 157.80
Upside Target 165.05
Upside Target 166.70

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 151.4
Downside Intraday Target 147.05
Upside Intraday Target 163.4
Upside Intraday Target 171.05
Upside Intraday Target 159.05

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
11 Thu Aug 2022 155.75 158.95 166.70 154.70 0.756 times
05 Fri Aug 2022 156.50 138.00 165.05 132.95 2.001 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

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
11 Thu Aug 2022 155.75 138.00 166.70 132.95 0.742 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 31, 8, 58 Buy
MACD 12, 10Buy
Stochastics 81Buy
CCI 79Sell
RSI 56Buy
OBV 51838Sell
VWAP 153Buy
ADL 0Sell
ROC 15Buy
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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Ritco in short term but SELL signal is weak.

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 153.08 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.

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Daily charts

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Daily chart

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