(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 2023-01-24 View latest technical analysis
10 day averaged volume of Ritco is 14585
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 172.95 | 172.95 | 172.95 | 172.95 | 0.021 times |
| 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 | 5.183 times |
| 17 Tue Jan 2023 | 144.45 | 145.60 | 145.60 | 140.65 | 0.44 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 | 4.097 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 172.7, for a target of 163.2 or 155.34
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 |
| Downside Target | 168.70 |
| Downside Target | 172.95 |
| 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 | 167.48 |
| Downside Intraday Target | 162.02 |
| Upside Intraday Target | 175.68 |
| Upside Intraday Target | 178.42 |
| Downside Intraday Target | 170.22 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Tue Jan 2023 | 172.95 | 164.75 | 172.95 | 164.75 | 0.007 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 |
| 24 Tue Jan 2023 | 172.95 | 162.10 | 172.95 | 139.40 | 2.415 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 | 39, 18, 37 | Buy |
| MACD | -8, -12 | Buy |
| Stochastics | 98 | Buy |
| CCI | 182 | Buy |
| RSI | 63 | Buy |
| OBV | -153927 | Sell |
| VWAP | 145 | Buy |
| ADL | 0 | Sell |
| ROC | 15 | 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 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 145.05 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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