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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 2023-05-30 View latest technical analysis

10 day averaged volume of Ritco is 1849

Date Daily Closing Price Open High Low Volume
30 Tue May 2023 174.25 174.70 176.35 173.30 0.791 times
29 Mon May 2023 173.70 171.25 175.90 171.25 1.644 times
26 Fri May 2023 171.30 174.05 175.60 170.60 0.27 times
25 Thu May 2023 172.00 173.15 175.80 171.95 0.141 times
24 Wed May 2023 174.35 177.85 177.85 172.25 2.647 times
23 Tue May 2023 178.90 176.30 180.75 172.95 1.568 times
22 Mon May 2023 178.95 178.85 182.10 178.80 0.441 times
19 Fri May 2023 180.25 178.05 183.75 176.80 0.708 times
18 Thu May 2023 179.80 179.50 187.95 178.00 1.556 times
17 Wed May 2023 174.70 175.70 178.00 171.40 0.474 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 173.6 as stoploss in an intra day buy trade for a target of 176.4. However, stock will show a bearish move below 173.6.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 126.75
Downside Target 130.60
Downside Target 139.40
Downside Target 150.60
Downside Target 164.15
Downside Target 170.60
Upside Target 180.00
Upside Target 182.10
Upside Target 185.00
Upside Target 187.05
Upside Target 187.95
Upside Target 195.00

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 171.55
Downside Intraday Target 168.85
Upside Intraday Target 176.65
Upside Intraday Target 179.05
Downside Intraday Target 173.95

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
30 Tue May 2023 174.25 171.25 176.35 171.25 0.481 times
26 Fri May 2023 171.30 178.85 182.10 170.60 1.354 times
19 Fri May 2023 180.25 176.15 187.95 170.65 1.162 times
12 Fri May 2023 176.00 177.60 185.00 172.05 0.096 times
05 Fri May 2023 178.00 187.05 187.05 177.00 0.286 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
30 Tue May 2023 174.25 187.05 187.95 170.60 0.363 times
28 Fri Apr 2023 185.95 153.15 195.00 150.60 2.48 times
31 Fri Mar 2023 150.30 135.25 173.80 130.60 1.505 times
28 Tue Feb 2023 134.70 156.05 164.15 126.75 0.387 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)

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ritco stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 176.27 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ritco stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 176.27 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Ritco charts

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Daily charts

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