(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, 10 | Buy |
| Stochastics | 81 | Buy |
| CCI | 79 | Sell |
| RSI | 56 | Buy |
| OBV | 51838 | Sell |
| VWAP | 153 | Buy |
| ADL | 0 | Sell |
| ROC | 15 | Buy |
| Force Index | 0 | Sell |
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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