(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, -8 | Sell |
| Stochastics | 19 | Sell |
| CCI | -126 | Sell |
| RSI | 51 | Buy |
| OBV | -155505 | Sell |
| VWAP | 153 | Sell |
| ADL | 0 | Sell |
| ROC | -1 | Sell |
| 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 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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