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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 2022-11-23 View latest technical analysis

10 day averaged volume of Ritco is 3072

Date Daily Closing Price Open High Low Volume
23 Wed Nov 2022 185.00 185.00 186.25 173.20 0.703 times
22 Tue Nov 2022 179.50 173.55 180.00 170.20 0.326 times
21 Mon Nov 2022 177.45 173.60 183.90 173.60 0.268 times
18 Fri Nov 2022 182.40 179.90 182.50 175.70 0.152 times
17 Thu Nov 2022 179.90 186.00 186.00 172.00 0.119 times
16 Wed Nov 2022 178.90 179.95 181.90 172.30 0.107 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 1.183 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 5.36 times
10 Thu Nov 2022 176.30 174.35 181.50 172.30 1.829 times

My analysis of stock is bullish for shortterm, and stock might move up till 190 or till 198.7. Use a stoploss of 182.75 and if this stock hits its stoploss, then it can fall down till 175.48

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 185.15
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 174.72
Downside Intraday Target 164.43
Upside Intraday Target 190.77
Upside Intraday Target 196.53
Downside Intraday Target 180.48

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
23 Wed Nov 2022 185.00 173.60 186.25 170.20 0.798 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 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
23 Wed Nov 2022 185.00 193.90 196.00 162.05 0.486 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, 17, 2 Buy
MACD -7, -9Buy
Stochastics 72Buy
CCI 106Buy
RSI 52Buy
OBV 1949Sell
VWAP 173Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 BUY. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 172.88 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock is giving positive 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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