(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 2022-11-10 View latest technical analysis
10 day averaged volume of Ritco is 7060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 176.30 | 174.35 | 181.50 | 172.30 | 0.796 times |
| 09 Wed Nov 2022 | 179.45 | 184.55 | 184.95 | 179.00 | 0.257 times |
| 07 Mon Nov 2022 | 184.55 | 187.00 | 193.60 | 180.20 | 0.174 times |
| 04 Fri Nov 2022 | 186.30 | 186.70 | 188.00 | 183.00 | 0.244 times |
| 03 Thu Nov 2022 | 186.70 | 184.00 | 196.00 | 183.00 | 0.124 times |
| 02 Wed Nov 2022 | 188.05 | 186.15 | 190.00 | 184.00 | 1.101 times |
| 01 Tue Nov 2022 | 190.00 | 193.90 | 193.90 | 184.50 | 0.988 times |
| 31 Mon Oct 2022 | 192.50 | 187.00 | 192.50 | 177.90 | 6.733 times |
| 28 Fri Oct 2022 | 187.25 | 187.00 | 196.00 | 187.00 | 0.24 times |
| 27 Thu Oct 2022 | 193.30 | 198.95 | 198.95 | 185.15 | 0.101 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 177.4, for a target of 184.9 or 191.17
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 121.15 |
| Downside Target | 132.95 |
| Downside Target | 146.20 |
| Downside Target | 172.30 |
| Upside Target | 177.90 |
| Upside Target | 185.00 |
| Upside Target | 196.00 |
| Upside Target | 200.00 |
| Upside Target | 201.90 |
| 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 | 167.87 |
| Downside Intraday Target | 159.43 |
| Upside Intraday Target | 189.17 |
| Upside Intraday Target | 202.03 |
| Upside Intraday Target | 180.73 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 176.30 | 187.00 | 193.60 | 172.30 | 0.134 times |
| 04 Fri Nov 2022 | 186.30 | 187.00 | 196.00 | 177.90 | 17.402 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 |
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 |
| 10 Thu Nov 2022 | 176.30 | 193.90 | 196.00 | 172.30 | 0.245 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 | 14, 21, 20 | Sell |
| MACD | -8, -6 | Sell |
| Stochastics | 16 | Sell |
| CCI | -200 | Sell |
| RSI | 57 | Buy |
| OBV | 31691 | Sell |
| VWAP | 190 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ritco stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Ritco in short term and the sell signal is strong.
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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ritco in short term and SELL signal is strong!
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 189.86 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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