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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 2023-01-23 View latest technical analysis

10 day averaged volume of Ritco is 14605

Date Daily Closing Price Open High Low Volume
23 Mon Jan 2023 164.75 164.75 164.75 164.75 0.022 times
20 Fri Jan 2023 156.95 156.95 156.95 156.95 0.021 times
19 Thu Jan 2023 149.50 146.40 149.50 145.75 0.049 times
18 Wed Jan 2023 142.40 142.85 145.95 139.40 5.176 times
17 Tue Jan 2023 144.45 145.60 145.60 140.65 0.439 times
16 Mon Jan 2023 146.10 148.75 149.30 146.00 0.011 times
13 Fri Jan 2023 147.05 151.15 151.65 146.70 0.027 times
12 Thu Jan 2023 149.20 150.25 151.55 146.05 0.081 times
11 Wed Jan 2023 148.00 151.80 154.70 146.00 4.091 times
10 Tue Jan 2023 150.50 153.05 156.20 150.00 0.069 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 161.2, but if it comes below 161.2, then a intra day sell could be more profitable.
If you take a sell trade below 161.2, then use 161.2 as stoploss and 154.45 as target. However if you take a buy trade in stock , then use 161.2 as stoploss and 169.4 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 139.40
Downside Target 145.35
Downside Target 155.30
Downside Target 162.05
Upside Target 168.70
Upside Target 170.00
Upside Target 177.90
Upside Target 187.80
Upside Target 198.35
Upside Target 205.90
Upside Target 213.75
Upside Target 252.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 164.75
Downside Intraday Target 164.75
Downside Intraday Target 164.75
Downside Intraday Target 164.75
Downside Intraday Target 164.75

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
23 Mon Jan 2023 164.75 164.75 164.75 164.75 0.004 times
20 Fri Jan 2023 156.95 148.75 156.95 139.40 1.323 times
13 Fri Jan 2023 147.05 154.45 158.20 146.00 8.319 times
06 Fri Jan 2023 157.40 162.10 168.70 155.30 0.249 times
30 Fri Dec 2022 160.70 147.35 170.00 145.35 2.161 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 Mon Jan 2023 164.75 162.10 168.70 139.40 2.411 times
30 Fri Dec 2022 160.70 190.10 205.90 145.35 1.04 times
30 Wed Nov 2022 190.00 193.90 198.35 162.05 0.579 times
31 Mon Oct 2022 192.50 184.60 213.75 177.90 0.362 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Ritco (Ritco)

Indicator Name Indicator Value Indicator Signal
ADX 31, 20, 21 Buy
MACD -11, -14Buy
Stochastics 81Buy
CCI 208Buy
RSI 62Buy
OBV -145481Sell
VWAP 145Buy
ADL 0Sell
ROC 8Buy
Force Index 0Sell

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 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 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 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 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 145.03 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.

Click here for Ritco charts

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Daily charts

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