(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 2023-05-31 View latest technical analysis
10 day averaged volume of Ritco is 1893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 175.80 | 174.05 | 175.80 | 174.05 | 0.063 times |
| 30 Tue May 2023 | 174.25 | 174.70 | 176.35 | 173.30 | 0.773 times |
| 29 Mon May 2023 | 173.70 | 171.25 | 175.90 | 171.25 | 1.606 times |
| 26 Fri May 2023 | 171.30 | 174.05 | 175.60 | 170.60 | 0.264 times |
| 25 Thu May 2023 | 172.00 | 173.15 | 175.80 | 171.95 | 0.138 times |
| 24 Wed May 2023 | 174.35 | 177.85 | 177.85 | 172.25 | 2.585 times |
| 23 Tue May 2023 | 178.90 | 176.30 | 180.75 | 172.95 | 1.532 times |
| 22 Mon May 2023 | 178.95 | 178.85 | 182.10 | 178.80 | 0.431 times |
| 19 Fri May 2023 | 180.25 | 178.05 | 183.75 | 176.80 | 0.691 times |
| 18 Thu May 2023 | 179.80 | 179.50 | 187.95 | 178.00 | 1.52 times |
My analysis of stock is bearish for shortterm, and stock might move down till 173.5 or till 170.1. Use a stoploss of 176.29 and if the stock hits stoploss, then it can shoot up till 179.1
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 | 172.58 |
| Downside Intraday Target | 169.37 |
| Upside Intraday Target | 177.68 |
| Upside Intraday Target | 179.57 |
| Downside Intraday Target | 174.47 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed May 2023 | 175.80 | 171.25 | 176.35 | 171.25 | 0.493 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 |
| 31 Wed May 2023 | 175.80 | 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 SELL signal in short term and selling is picking up 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 176.34 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 is giving positive 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.
Price action analysis of Ritco ( (Ritco) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 losing momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 SELL signal in short term and selling is picking up 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 176.34 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 is giving positive 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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