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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 2023-09-13 View latest technical analysis

10 day averaged volume of Ritco is 2559

Date Daily Closing Price Open High Low Volume
13 Wed Sep 2023 252.00 236.20 252.00 236.20 1.054 times
12 Tue Sep 2023 248.00 254.50 254.50 245.05 1.07 times
11 Mon Sep 2023 254.20 256.00 259.80 244.00 1.654 times
08 Fri Sep 2023 250.00 240.00 253.00 240.00 0.862 times
07 Thu Sep 2023 242.00 240.00 247.00 237.40 0.934 times
06 Wed Sep 2023 241.00 242.00 242.00 235.00 1.004 times
05 Tue Sep 2023 230.50 231.05 232.75 230.50 0.449 times
04 Mon Sep 2023 231.70 241.60 244.75 229.60 1.659 times
01 Fri Sep 2023 241.60 235.00 243.00 229.00 1.063 times
31 Thu Aug 2023 235.00 227.00 236.00 227.00 0.148 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 247.3, but if it comes below 247.3, then a intra day sell could be more profitable.
If you take a sell trade below 247.3, then use 247.3 as stoploss and 237.39 as target. However if you take a buy trade in stock , then use 247.3 as stoploss and 259.2 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 145.05
Downside Target 167.50
Downside Target 187.65
Downside Target 215.20
Downside Target 220.00
Downside Target 229.00
Downside Target 236.20
Downside Target 243.00
Upside Target 252.45
Upside Target 254.35
Upside Target 259.80
Upside Target 288.20
Upside Target 293.95

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 238.87
Downside Intraday Target 225.73
Upside Intraday Target 262.47
Upside Intraday Target 272.93
Downside Intraday Target 249.33

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
13 Wed Sep 2023 252.00 256.00 259.80 236.20 0.77 times
08 Fri Sep 2023 250.00 241.60 253.00 229.60 0.987 times
01 Fri Sep 2023 241.60 225.75 243.00 215.20 1.329 times
25 Fri Aug 2023 225.25 242.00 254.35 220.00 0.408 times
18 Fri Aug 2023 241.20 245.00 252.45 222.50 0.142 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
13 Wed Sep 2023 252.00 235.00 259.80 229.00 0.106 times
31 Thu Aug 2023 235.00 235.00 288.20 215.20 0.518 times
31 Mon Jul 2023 244.25 174.20 293.95 167.50 17.827 times
30 Fri Jun 2023 172.00 173.45 187.65 145.05 0.287 times

Scroll below to view daily charts

Price has moved up 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 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 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.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Ritco in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ritco in short term but SELL 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 243.95 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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.

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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.

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 Strong and stock is losing momentum.

MACD generated a BUY signal for Ritco in short term and the buy signal is strong.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Ritco in short term but SELL 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 243.95 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.

Click here for Ritco charts

Click here for further forecast and predictions for tomorrow

Daily charts

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