(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.
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