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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 2023-02-02 View latest technical analysis

10 day averaged volume of Ritco is 9388

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 140.40 142.00 149.95 140.40 0.631 times
01 Wed Feb 2023 147.75 156.05 162.00 146.80 0.183 times
31 Tue Jan 2023 154.35 146.50 159.60 144.40 0.555 times
30 Mon Jan 2023 152.00 163.90 163.90 152.00 0.41 times
27 Fri Jan 2023 159.95 166.70 166.70 158.35 0.17 times
25 Wed Jan 2023 166.65 180.00 180.00 165.00 0.456 times
24 Tue Jan 2023 172.95 172.95 172.95 172.95 0.032 times
23 Mon Jan 2023 164.75 164.75 164.75 164.75 0.034 times
20 Fri Jan 2023 156.95 156.95 156.95 156.95 0.032 times
19 Thu Jan 2023 149.50 146.40 149.50 145.75 0.076 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 144.9, but if it comes above 144.9, then a intra day buy could be more profitable.
If you take a sell trade below 144.9, then use 144.9 as stoploss and 134.9 as target. However if you take a buy trade in stock , then use 144.9 as stoploss and 153.12 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 139.40
Upside Target 145.35
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 132.57
Downside Intraday Target 124.73
Upside Intraday Target 156.07
Upside Intraday Target 171.73
Upside Intraday Target 148.23

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 140.40 163.90 163.90 140.40 2.571 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
02 Thu Feb 2023 140.40 156.05 162.00 140.40 0.045 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 18, 34, 32 Sell
MACD -9, -8Sell
Stochastics 19Sell
CCI -126Sell
RSI 51Buy
OBV -155505Sell
VWAP 153Sell
ADL 0Sell
ROC -1Sell
Force Index 0Sell

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 gaining momentum.

MACD generated a SELL signal for Ritco in short term and the sell signal is strong.

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 152.9 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. 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 has given negative 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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Daily charts

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