(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 2022-11-29 View latest technical analysis
10 day averaged volume of Ritco is 1308
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 191.85 | 198.35 | 198.35 | 185.70 | 0.684 times |
| 28 Mon Nov 2022 | 191.10 | 186.35 | 194.10 | 186.35 | 3.852 times |
| 25 Fri Nov 2022 | 184.90 | 178.25 | 185.00 | 178.00 | 0.774 times |
| 24 Thu Nov 2022 | 178.00 | 177.25 | 187.00 | 177.25 | 1.284 times |
| 23 Wed Nov 2022 | 185.00 | 185.00 | 186.25 | 173.20 | 1.651 times |
| 22 Tue Nov 2022 | 179.50 | 173.55 | 180.00 | 170.20 | 0.766 times |
| 21 Mon Nov 2022 | 177.45 | 173.60 | 183.90 | 173.60 | 0.63 times |
| 18 Fri Nov 2022 | 182.40 | 179.90 | 182.50 | 175.70 | 0.357 times |
| 17 Thu Nov 2022 | 179.90 | 186.00 | 186.00 | 172.00 | 0.279 times |
| 16 Wed Nov 2022 | 178.90 | 179.95 | 181.90 | 172.30 | 0.252 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 188.1, but if it comes below 188.1, then a intra day sell could be more profitable.
If you take a sell trade below 188.1, then use 188.1 as stoploss and 181.65 as target. However if you take a buy trade in stock , then use 188.1 as stoploss and 195.9 as target.
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 |
| Downside Target | 185.70 |
| Upside Target | 193.60 |
| Upside Target | 196.00 |
| Upside Target | 198.35 |
| 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 | 185.58 |
| Downside Intraday Target | 179.32 |
| Upside Intraday Target | 198.23 |
| Upside Intraday Target | 204.62 |
| Upside Intraday Target | 191.97 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Nov 2022 | 191.85 | 186.35 | 198.35 | 185.70 | 0.889 times |
| 25 Fri Nov 2022 | 184.90 | 173.60 | 187.00 | 170.20 | 1.336 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 |
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 |
| 29 Tue Nov 2022 | 191.85 | 193.90 | 198.35 | 162.05 | 0.567 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 | 25, 11, 36 | Buy |
| MACD | -3, -6 | Buy |
| Stochastics | 86 | Buy |
| CCI | 173 | Buy |
| RSI | 50 | Buy |
| OBV | 10397 | Sell |
| VWAP | 186 | Buy |
| ADL | 0 | Sell |
| ROC | 10 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 Strong 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 185.59 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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