(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 2022-11-03 View latest technical analysis
10 day averaged volume of Ritco is 8064
Date | Daily Closing Price | Open | High | Low | Volume |
03 Thu Nov 2022 | 186.70 | 184.00 | 196.00 | 183.00 | 0.109 times |
02 Wed Nov 2022 | 188.05 | 186.15 | 190.00 | 184.00 | 0.964 times |
01 Tue Nov 2022 | 190.00 | 193.90 | 193.90 | 184.50 | 0.865 times |
31 Mon Oct 2022 | 192.50 | 187.00 | 192.50 | 177.90 | 5.894 times |
28 Fri Oct 2022 | 187.25 | 187.00 | 196.00 | 187.00 | 0.21 times |
27 Thu Oct 2022 | 193.30 | 198.95 | 198.95 | 185.15 | 0.089 times |
25 Tue Oct 2022 | 194.80 | 201.90 | 201.90 | 190.05 | 0.034 times |
24 Mon Oct 2022 | 193.25 | 187.50 | 201.40 | 186.25 | 0.129 times |
21 Fri Oct 2022 | 196.00 | 200.00 | 200.00 | 186.25 | 0.196 times |
20 Thu Oct 2022 | 195.10 | 194.95 | 200.00 | 192.00 | 0.226 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 188.8, but if it comes above 188.8, then a intra day buy could be more profitable.
If you take a sell trade below 188.8, then use 188.8 as stoploss and 182 as target. However if you take a buy trade in stock , then use 188.8 as stoploss and 194.35 as target.
Share price targets for Ritco (Ritco)
Target Type | Value |
Downside Target | 121.15 |
Downside Target | 132.95 |
Downside Target | 146.20 |
Downside Target | 177.90 |
Upside Target | 196.00 |
Upside Target | 200.00 |
Upside Target | 201.90 |
Upside Target | 203.90 |
Upside Target | 213.75 |
Upside Target | 248.60 |
Upside Target | 252.00 |
Intraday share price targets for Ritco (Ritco)
Target Type | Value |
Downside Intraday Target | 177.73 |
Downside Intraday Target | 168.77 |
Upside Intraday Target | 195.83 |
Upside Intraday Target | 204.97 |
Upside Intraday Target | 186.87 |
Weekly technical analysis of Ritco (Ritco)
Date | Weekly Closing Price | Open | High | Low | Volume |
03 Thu Nov 2022 | 186.70 | 187.00 | 196.00 | 177.90 | 16.94 times |
28 Fri Oct 2022 | 187.25 | 187.50 | 201.90 | 185.15 | 0.238 times |
21 Fri Oct 2022 | 196.00 | 197.20 | 200.00 | 185.00 | 2.695 times |
14 Fri Oct 2022 | 197.85 | 210.95 | 213.75 | 190.65 | 0.175 times |
07 Fri Oct 2022 | 202.30 | 184.60 | 203.90 | 180.00 | 0.232 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ritco (Ritco)
Date | Monthly Closing Price | Open | High | Low | Volume |
03 Thu Nov 2022 | 186.70 | 193.90 | 196.00 | 183.00 | 0.147 times |
31 Mon Oct 2022 | 192.50 | 184.60 | 213.75 | 177.90 | 0.362 times |
30 Fri Sep 2022 | 194.20 | 244.95 | 252.00 | 187.80 | 0.693 times |
30 Tue Aug 2022 | 238.50 | 138.00 | 248.60 | 132.95 | 6.43 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)
Indicator Name | Indicator Value | Indicator Signal |
ADX | 13, 19, 18 | Sell |
MACD | -5, -4 | Sell |
Stochastics | 43 | None |
CCI | -68 | Buy |
RSI | 54 | Buy |
OBV | 18748 | Sell |
VWAP | 192 | Sell |
ADL | 0 | Sell |
ROC | -4 | Sell |
Force Index | 0 | Sell |
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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 and the sell signal is strong.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
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 and the buying is gaining 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 191.74 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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