(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 2023-06-06 View latest technical analysis
10 day averaged volume of Ritco is 1433
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Tue Jun 2023 | 171.95 | 174.10 | 174.10 | 169.85 | 1.031 times |
| 05 Mon Jun 2023 | 174.00 | 183.95 | 183.95 | 174.00 | 0.06 times |
| 02 Fri Jun 2023 | 174.50 | 173.90 | 175.05 | 173.75 | 0.254 times |
| 01 Thu Jun 2023 | 174.00 | 173.45 | 175.05 | 160.25 | 0.489 times |
| 31 Wed May 2023 | 175.80 | 174.05 | 175.80 | 174.05 | 0.084 times |
| 30 Tue May 2023 | 174.25 | 174.70 | 176.35 | 173.30 | 1.021 times |
| 29 Mon May 2023 | 173.70 | 171.25 | 175.90 | 171.25 | 2.121 times |
| 26 Fri May 2023 | 171.30 | 174.05 | 175.60 | 170.60 | 0.348 times |
| 25 Thu May 2023 | 172.00 | 173.15 | 175.80 | 171.95 | 0.182 times |
| 24 Wed May 2023 | 174.35 | 177.85 | 177.85 | 172.25 | 3.415 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 172.6, but if it comes above 172.6, then a intra day buy could be more profitable.
If you take a sell trade below 172.6, then use 172.6 as stoploss and 169.2 as target. However if you take a buy trade in stock , then use 172.6 as stoploss and 175.45 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 126.75 |
| Downside Target | 130.60 |
| Downside Target | 150.60 |
| Downside Target | 160.25 |
| Downside Target | 164.15 |
| Downside Target | 169.85 |
| Upside Target | 182.10 |
| Upside Target | 183.95 |
| Upside Target | 185.00 |
| Upside Target | 187.95 |
| Upside Target | 195.00 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 166.55 |
| Downside Intraday Target | 161.15 |
| Upside Intraday Target | 180.65 |
| Upside Intraday Target | 189.35 |
| Upside Intraday Target | 175.25 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Tue Jun 2023 | 171.95 | 183.95 | 183.95 | 169.85 | 0.275 times |
| 02 Fri Jun 2023 | 174.50 | 171.25 | 176.35 | 160.25 | 0.607 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 |
Price has moved down 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 Tue Jun 2023 | 171.95 | 173.45 | 183.95 | 160.25 | 0.03 times |
| 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ritco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.74 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.
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ritco ( (Ritco) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 SELL. 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are in or below the green 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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ritco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 173.74 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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