(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 2023-02-01 View latest technical analysis
10 day averaged volume of Ritco is 9859
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 147.75 | 156.05 | 162.00 | 146.80 | 0.174 times |
| 31 Tue Jan 2023 | 154.35 | 146.50 | 159.60 | 144.40 | 0.529 times |
| 30 Mon Jan 2023 | 152.00 | 163.90 | 163.90 | 152.00 | 0.391 times |
| 27 Fri Jan 2023 | 159.95 | 166.70 | 166.70 | 158.35 | 0.162 times |
| 25 Wed Jan 2023 | 166.65 | 180.00 | 180.00 | 165.00 | 0.434 times |
| 24 Tue Jan 2023 | 172.95 | 172.95 | 172.95 | 172.95 | 0.03 times |
| 23 Mon Jan 2023 | 164.75 | 164.75 | 164.75 | 164.75 | 0.032 times |
| 20 Fri Jan 2023 | 156.95 | 156.95 | 156.95 | 156.95 | 0.03 times |
| 19 Thu Jan 2023 | 149.50 | 146.40 | 149.50 | 145.75 | 0.073 times |
| 18 Wed Jan 2023 | 142.40 | 142.85 | 145.95 | 139.40 | 7.668 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 146.2 as stoploss in an intra day buy trade for a target of 154.11. However, stock will show a bearish move below 146.2.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 139.40 |
| Downside Target | 144.40 |
| Upside Target | 155.30 |
| Upside Target | 162.00 |
| Upside Target | 163.90 |
| Upside Target | 168.70 |
| Upside Target | 177.90 |
| Upside Target | 180.00 |
| Upside Target | 198.35 |
| Upside Target | 205.90 |
| Upside Target | 213.75 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 140.13 |
| Downside Intraday Target | 132.52 |
| Upside Intraday Target | 159.63 |
| Upside Intraday Target | 171.52 |
| Upside Intraday Target | 152.02 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 147.75 | 163.90 | 163.90 | 144.40 | 1.659 times |
| 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 |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ritco (Ritco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 01 Wed Feb 2023 | 147.75 | 156.05 | 162.00 | 146.80 | 0.01 times |
| 31 Tue Jan 2023 | 154.35 | 162.10 | 180.00 | 139.40 | 2.649 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 |
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 | 19, 30, 22 | Sell |
| MACD | -7, -8 | Buy |
| Stochastics | 29 | Sell |
| CCI | -49 | Sell |
| RSI | 53 | Buy |
| OBV | -150700 | Sell |
| VWAP | 145 | Buy |
| ADL | 0 | Sell |
| ROC | 2 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Ritco ( (Ritco) ) based on a short 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 short 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Ritco in short term but the buy signal is initial and weak.
Ritco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!
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 145.23 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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