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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 2022-11-18 View latest technical analysis

10 day averaged volume of Ritco is 3226

Date Daily Closing Price Open High Low Volume
18 Fri Nov 2022 182.40 179.90 182.50 175.70 0.145 times
17 Thu Nov 2022 179.90 186.00 186.00 172.00 0.113 times
16 Wed Nov 2022 178.90 179.95 181.90 172.30 0.102 times
15 Tue Nov 2022 174.90 173.90 174.90 165.70 0.063 times
14 Mon Nov 2022 167.55 165.85 174.65 162.05 1.126 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 5.104 times
10 Thu Nov 2022 176.30 174.35 181.50 172.30 1.742 times
09 Wed Nov 2022 179.45 184.55 184.95 179.00 0.562 times
07 Mon Nov 2022 184.55 187.00 193.60 180.20 0.381 times
04 Fri Nov 2022 186.30 186.70 188.00 183.00 0.533 times

My analysis of stock is bearish for shortterm, and stock might move down till 176.6 or till 166.7. Use a stoploss of 184.87 and if the stock hits stoploss, then it can shoot up till 193.12

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 167.63
Downside Intraday Target 152.87
Upside Intraday Target 191.58
Upside Intraday Target 200.77
Downside Intraday Target 176.82

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
18 Fri Nov 2022 182.40 165.85 186.00 162.05 0.199 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
18 Fri Nov 2022 182.40 193.90 196.00 162.05 0.448 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 17, 18, 2 Sell
MACD -9, -9Buy
Stochastics 56None
CCI 33Buy
RSI 53Buy
OBV 14247Sell
VWAP 173Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 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 BUY signal for Ritco in short term but the buy signal is initial and weak.

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. Bulls are getting stronger in this stock.

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 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 173.28 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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