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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 2022-11-24 View latest technical analysis

10 day averaged volume of Ritco is 3107

Date Daily Closing Price Open High Low Volume
24 Thu Nov 2022 178.00 177.25 187.00 177.25 0.54 times
23 Wed Nov 2022 185.00 185.00 186.25 173.20 0.695 times
22 Tue Nov 2022 179.50 173.55 180.00 170.20 0.322 times
21 Mon Nov 2022 177.45 173.60 183.90 173.60 0.265 times
18 Fri Nov 2022 182.40 179.90 182.50 175.70 0.15 times
17 Thu Nov 2022 179.90 186.00 186.00 172.00 0.117 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 1.169 times
11 Fri Nov 2022 170.10 170.25 178.80 168.00 5.3 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 175.1 as stoploss in an intra day buy trade for a target of 181.91. However, stock will show a bearish move below 175.1.

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 169.8
Downside Intraday Target 161.6
Upside Intraday Target 186.6
Upside Intraday Target 195.2
Upside Intraday Target 178.4

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
24 Thu Nov 2022 178.00 173.60 187.00 170.20 1.133 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
24 Thu Nov 2022 178.00 193.90 196.00 162.05 0.501 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, 15, 5 Buy
MACD -7, -8Buy
Stochastics 77Buy
CCI 77Sell
RSI 50Buy
OBV 1314Sell
VWAP 172Buy
ADL 0Sell
ROC 1Buy
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 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 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 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 below the red cloud Prices appear to be coming down

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 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 172.49 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 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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