(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 2023-02-06 View latest technical analysis
10 day averaged volume of Ritco is 2650
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 143.35 | 137.50 | 143.35 | 137.50 | 1.228 times |
| 03 Fri Feb 2023 | 136.55 | 135.05 | 142.35 | 133.40 | 1.134 times |
| 02 Thu Feb 2023 | 140.40 | 142.00 | 149.95 | 140.40 | 2.234 times |
| 01 Wed Feb 2023 | 147.75 | 156.05 | 162.00 | 146.80 | 0.647 times |
| 31 Tue Jan 2023 | 154.35 | 146.50 | 159.60 | 144.40 | 1.967 times |
| 30 Mon Jan 2023 | 152.00 | 163.90 | 163.90 | 152.00 | 1.453 times |
| 27 Fri Jan 2023 | 159.95 | 166.70 | 166.70 | 158.35 | 0.603 times |
| 25 Wed Jan 2023 | 166.65 | 180.00 | 180.00 | 165.00 | 1.615 times |
| 24 Tue Jan 2023 | 172.95 | 172.95 | 172.95 | 172.95 | 0.113 times |
| 23 Mon Jan 2023 | 164.75 | 164.75 | 164.75 | 164.75 | 0.119 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 142.3 as stoploss in an intra day buy trade for a target of 151.26. However, stock will show a bearish move below 142.3.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 133.40 |
| Downside Target | 137.50 |
| Downside Target | 143.35 |
| Upside Target | 156.95 |
| Upside Target | 162.00 |
| Upside Target | 163.90 |
| 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 | 139.45 |
| Downside Intraday Target | 135.55 |
| Upside Intraday Target | 145.3 |
| Upside Intraday Target | 147.25 |
| Downside Intraday Target | 141.4 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Mon Feb 2023 | 143.35 | 137.50 | 143.35 | 137.50 | 0.165 times |
| 03 Fri Feb 2023 | 136.55 | 163.90 | 163.90 | 133.40 | 3.034 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 |
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 |
| 06 Mon Feb 2023 | 143.35 | 156.05 | 162.00 | 133.40 | 0.082 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 | 16, 35, 38 | Sell |
| MACD | -11, -9 | Sell |
| Stochastics | 9 | Sell |
| CCI | -94 | Buy |
| RSI | 53 | Buy |
| OBV | -153515 | Sell |
| VWAP | 150 | Sell |
| ADL | 0 | Sell |
| ROC | -9 | 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 losing 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ritco in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 150.22 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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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