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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 2022-11-14 View latest technical analysis

10 day averaged volume of Ritco is 9170

Date Daily Closing Price Open High Low Volume
14 Mon Nov 2022 167.55 165.85 174.65 162.05 0.396 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 1.796 times
10 Thu Nov 2022 176.30 174.35 181.50 172.30 0.613 times
09 Wed Nov 2022 179.45 184.55 184.95 179.00 0.198 times
07 Mon Nov 2022 184.55 187.00 193.60 180.20 0.134 times
04 Fri Nov 2022 186.30 186.70 188.00 183.00 0.188 times
03 Thu Nov 2022 186.70 184.00 196.00 183.00 0.096 times
02 Wed Nov 2022 188.05 186.15 190.00 184.00 0.848 times
01 Tue Nov 2022 190.00 193.90 193.90 184.50 0.76 times
31 Mon Oct 2022 192.50 187.00 192.50 177.90 5.183 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 169.5, for a target of 179.6 or 188.06

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 121.15
Downside Target 132.95
Downside Target 146.20
Downside Target 162.05
Upside Target 168.00
Upside Target 174.65
Upside Target 185.00
Upside Target 193.60
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 161.52
Downside Intraday Target 155.48
Upside Intraday Target 174.12
Upside Intraday Target 180.68
Upside Intraday Target 168.08

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
14 Mon Nov 2022 167.55 165.85 174.65 162.05 0.145 times
11 Fri Nov 2022 170.10 187.00 193.60 168.00 0.387 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

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
14 Mon Nov 2022 167.55 193.90 196.00 162.05 0.435 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 11, 26, 40 Sell
MACD -11, -8Sell
Stochastics 13Sell
CCI -153Sell
RSI 56Buy
OBV 10891Sell
VWAP 186Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

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 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 weakening, and bulls are picking up momentum!

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 185.54 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.

Click here for Ritco charts

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Daily charts

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Daily chart

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