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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)

10 day averaged volume of Ritco is 1629

Date Daily Closing Price Open High Low Volume
29 Mon May 2023 173.70 171.25 175.90 171.25 1.866 times
26 Fri May 2023 171.30 174.05 175.60 170.60 0.306 times
25 Thu May 2023 172.00 173.15 175.80 171.95 0.16 times
24 Wed May 2023 174.35 177.85 177.85 172.25 3.004 times
23 Tue May 2023 178.90 176.30 180.75 172.95 1.78 times
22 Mon May 2023 178.95 178.85 182.10 178.80 0.5 times
19 Fri May 2023 180.25 178.05 183.75 176.80 0.804 times
18 Thu May 2023 179.80 179.50 187.95 178.00 1.766 times
17 Wed May 2023 174.70 175.70 178.00 171.40 0.538 times
16 Tue May 2023 174.10 175.05 175.10 172.05 0.625 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 173.8, but if it comes above 173.8, then a intra day buy could be more profitable.
If you take a sell trade below 173.8, then use 173.8 as stoploss and 170.4 as target. However if you take a buy trade in stock , then use 173.8 as stoploss and 176.65 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 126.75
Downside Target 130.60
Downside Target 139.40
Downside Target 150.60
Downside Target 164.15
Downside Target 170.60
Upside Target 180.00
Upside Target 182.10
Upside Target 185.00
Upside Target 187.05
Upside Target 187.95
Upside Target 195.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 171.33
Downside Intraday Target 168.97
Upside Intraday Target 175.98
Upside Intraday Target 178.27
Downside Intraday Target 173.62

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
29 Mon May 2023 173.70 171.25 175.90 171.25 0.324 times
26 Fri May 2023 171.30 178.85 182.10 170.60 1.354 times
19 Fri May 2023 180.25 176.15 187.95 170.65 1.162 times
12 Fri May 2023 176.00 177.60 185.00 172.05 0.096 times
05 Fri May 2023 178.00 187.05 187.05 177.00 0.286 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
29 Mon May 2023 173.70 187.05 187.95 170.60 0.357 times
28 Fri Apr 2023 185.95 153.15 195.00 150.60 2.48 times
31 Fri Mar 2023 150.30 135.25 173.80 130.60 1.505 times
28 Tue Feb 2023 134.70 156.05 164.15 126.75 0.387 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.

Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 176.31 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock has given negative 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.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.

Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 176.31 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock has given negative 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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