(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, -8 | Buy |
| Stochastics | 77 | Buy |
| CCI | 77 | Sell |
| RSI | 50 | Buy |
| OBV | 1314 | Sell |
| VWAP | 172 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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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