(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 2023-01-27 View latest technical analysis
10 day averaged volume of Ritco is 8966
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 159.95 | 166.70 | 166.70 | 158.35 | 0.178 times |
| 25 Wed Jan 2023 | 166.65 | 180.00 | 180.00 | 165.00 | 0.477 times |
| 24 Tue Jan 2023 | 172.95 | 172.95 | 172.95 | 172.95 | 0.033 times |
| 23 Mon Jan 2023 | 164.75 | 164.75 | 164.75 | 164.75 | 0.035 times |
| 20 Fri Jan 2023 | 156.95 | 156.95 | 156.95 | 156.95 | 0.033 times |
| 19 Thu Jan 2023 | 149.50 | 146.40 | 149.50 | 145.75 | 0.08 times |
| 18 Wed Jan 2023 | 142.40 | 142.85 | 145.95 | 139.40 | 8.431 times |
| 17 Tue Jan 2023 | 144.45 | 145.60 | 145.60 | 140.65 | 0.716 times |
| 16 Mon Jan 2023 | 146.10 | 148.75 | 149.30 | 146.00 | 0.018 times |
| 13 Fri Jan 2023 | 147.05 | 151.15 | 151.65 | 146.70 | 0.044 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 163.9 as stoploss in an intra day sell trade for a target of 155.74. However, stock will show a bullish move above 163.9.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 139.40 |
| Downside Target | 145.35 |
| Downside Target | 155.30 |
| Upside Target | 162.05 |
| Upside Target | 168.70 |
| Upside Target | 177.90 |
| Upside Target | 180.00 |
| 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 | 152.2 |
| Downside Intraday Target | 144.45 |
| Upside Intraday Target | 173.85 |
| Upside Intraday Target | 187.75 |
| Upside Intraday Target | 166.1 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Jan 2023 | 159.95 | 164.75 | 180.00 | 158.35 | 0.078 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 |
| 27 Fri Jan 2023 | 159.95 | 162.10 | 180.00 | 139.40 | 2.507 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 down 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 | 28, 30, 4 | Sell |
| MACD | -6, -9 | Buy |
| Stochastics | 73 | Buy |
| CCI | 41 | Sell |
| RSI | 59 | Buy |
| OBV | -157432 | Sell |
| VWAP | 144 | Buy |
| ADL | 0 | Sell |
| ROC | 7 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing 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 tired and bears are picking up momentum.
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
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 144.32 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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