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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 2022-11-15 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, -9Sell
Stochastics 21Sell
CCI -87Buy
RSI 57Buy
OBV 12497Sell
VWAP 178Sell
ADL 0Sell
ROC -9Sell
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 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.

Click here for Ritco charts

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Daily charts

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