(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 2022-11-15 View latest technical analysis
10 day averaged volume of Ritco is 9364
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 174.90 | 173.90 | 174.90 | 165.70 | 0.022 times |
| 14 Mon Nov 2022 | 167.55 | 165.85 | 174.65 | 162.05 | 0.388 times |
| 11 Fri Nov 2022 | 170.10 | 170.25 | 178.80 | 168.00 | 1.759 times |
| 10 Thu Nov 2022 | 176.30 | 174.35 | 181.50 | 172.30 | 0.6 times |
| 09 Wed Nov 2022 | 179.45 | 184.55 | 184.95 | 179.00 | 0.194 times |
| 07 Mon Nov 2022 | 184.55 | 187.00 | 193.60 | 180.20 | 0.131 times |
| 04 Fri Nov 2022 | 186.30 | 186.70 | 188.00 | 183.00 | 0.184 times |
| 03 Thu Nov 2022 | 186.70 | 184.00 | 196.00 | 183.00 | 0.094 times |
| 02 Wed Nov 2022 | 188.05 | 186.15 | 190.00 | 184.00 | 0.83 times |
| 01 Tue Nov 2022 | 190.00 | 193.90 | 193.90 | 184.50 | 0.745 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 178.3, but if it comes above 178.3, then a intra day buy could be more profitable.
If you take a sell trade below 178.3, then use 178.3 as stoploss and 167.9 as target. However if you take a buy trade in stock , then use 178.3 as stoploss and 187.01 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 | 162.05 |
| Downside Target | 168.00 |
| Downside Target | 174.90 |
| 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 | 166.33 |
| Downside Intraday Target | 157.77 |
| Upside Intraday Target | 179.18 |
| Upside Intraday Target | 183.47 |
| Downside Intraday Target | 170.62 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Nov 2022 | 174.90 | 165.85 | 174.90 | 162.05 | 0.153 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 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 |
| 15 Tue Nov 2022 | 174.90 | 193.90 | 196.00 | 162.05 | 0.437 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 | 10, 24, 39 | Sell |
| MACD | -11, -9 | Sell |
| Stochastics | 21 | Sell |
| CCI | -87 | Buy |
| RSI | 57 | Buy |
| OBV | 12497 | Sell |
| VWAP | 178 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 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 losing 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 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 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 178.35 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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