(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 2022-11-16 View latest technical analysis
10 day averaged volume of Ritco is 4631
|Date||Daily Closing Price||Open||High||Low||Volume|
|16 Wed Nov 2022||178.90||179.95||181.90||172.30||0.071 times|
|15 Tue Nov 2022||174.90||173.90||174.90||165.70||0.044 times|
|14 Mon Nov 2022||167.55||165.85||174.65||162.05||0.784 times|
|11 Fri Nov 2022||170.10||170.25||178.80||168.00||3.556 times|
|10 Thu Nov 2022||176.30||174.35||181.50||172.30||1.214 times|
|09 Wed Nov 2022||179.45||184.55||184.95||179.00||0.391 times|
|07 Mon Nov 2022||184.55||187.00||193.60||180.20||0.265 times|
|04 Fri Nov 2022||186.30||186.70||188.00||183.00||0.371 times|
|03 Thu Nov 2022||186.70||184.00||196.00||183.00||0.189 times|
|02 Wed Nov 2022||188.05||186.15||190.00||184.00||1.678 times|
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 177.6 as stoploss in an intra day buy trade for a target of 186.06. However, stock will show a bearish move below 177.6.
Share price targets for Ritco (Ritco)
Intraday share price targets for Ritco (Ritco)
|Downside Intraday Target||166.67|
|Downside Intraday Target||154.43|
|Upside Intraday Target||186.52|
|Upside Intraday Target||194.13|
|Downside Intraday Target||174.28|
Weekly technical analysis of Ritco (Ritco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|16 Wed Nov 2022||178.90||165.85||181.90||162.05||0.166 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|
|16 Wed Nov 2022||178.90||193.90||196.00||162.05||0.44 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||16, 22, 14||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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Ritco in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 but buying is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 176.3 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.