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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 2022-11-17 View latest technical analysis

10 day averaged volume of Ritco is 3966

Date Daily Closing Price Open High Low Volume
17 Thu Nov 2022 179.90 186.00 186.00 172.00 0.092 times
16 Wed Nov 2022 178.90 179.95 181.90 172.30 0.083 times
15 Tue Nov 2022 174.90 173.90 174.90 165.70 0.051 times
14 Mon Nov 2022 167.55 165.85 174.65 162.05 0.916 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 4.152 times
10 Thu Nov 2022 176.30 174.35 181.50 172.30 1.417 times
09 Wed Nov 2022 179.45 184.55 184.95 179.00 0.457 times
07 Mon Nov 2022 184.55 187.00 193.60 180.20 0.31 times
04 Fri Nov 2022 186.30 186.70 188.00 183.00 0.434 times
03 Thu Nov 2022 186.70 184.00 196.00 183.00 0.221 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 as stoploss in an intra day buy trade for a target of 185.45. However, stock will show a bearish move below 177.

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 177.90
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 165.97
Downside Intraday Target 152.03
Upside Intraday Target 189.92
Upside Intraday Target 199.93
Downside Intraday Target 175.98

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
17 Thu Nov 2022 179.90 165.85 186.00 162.05 0.18 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
17 Thu Nov 2022 179.90 193.90 196.00 162.05 0.444 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 18, 19, 2 Sell
MACD -10, -10Sell
Stochastics 47None
CCI 7Buy
RSI 55Buy
OBV 12730Sell
VWAP 174Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ritco is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 173.52 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.

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Daily charts

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Daily chart

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