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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 2022-11-22 View latest technical analysis

10 day averaged volume of Ritco is 3095

Date Daily Closing Price Open High Low Volume
22 Tue Nov 2022 179.50 173.55 180.00 170.20 0.324 times
21 Mon Nov 2022 177.45 173.60 183.90 173.60 0.266 times
18 Fri Nov 2022 182.40 179.90 182.50 175.70 0.151 times
17 Thu Nov 2022 179.90 186.00 186.00 172.00 0.118 times
16 Wed Nov 2022 178.90 179.95 181.90 172.30 0.106 times
15 Tue Nov 2022 174.90 173.90 174.90 165.70 0.066 times
14 Mon Nov 2022 167.55 165.85 174.65 162.05 1.174 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 5.321 times
10 Thu Nov 2022 176.30 174.35 181.50 172.30 1.816 times
09 Wed Nov 2022 179.45 184.55 184.95 179.00 0.586 times

My analysis of stock is bearish for shortterm, and stock might move down till 175.6 or till 166.4. Use a stoploss of 183.16 and if the stock hits stoploss, then it can shoot up till 190.77

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 183.90
Upside Target 193.60
Upside Target 196.00
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 171.83
Downside Intraday Target 164.17
Upside Intraday Target 185.53
Upside Intraday Target 191.57
Downside Intraday Target 177.87

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
22 Tue Nov 2022 179.50 173.60 183.90 170.20 0.365 times
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

Price has moved down 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
22 Tue Nov 2022 179.50 193.90 196.00 162.05 0.465 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 14, 19, 17 Sell
MACD -9, -9Buy
Stochastics 62None
CCI 7Sell
RSI 51Buy
OBV 1370Sell
VWAP 172Buy
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 gaining 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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ritco in short term but SELL 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

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 172.42 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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