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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)

10 day averaged volume of Ritco is 8969

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 248.20 255.30 255.30 247.05 0.212 times
28 Tue May 2024 254.10 260.70 260.85 250.75 1.258 times
27 Mon May 2024 255.55 250.15 270.50 250.15 1.267 times
24 Fri May 2024 256.85 255.40 261.55 254.45 0.612 times
23 Thu May 2024 254.50 266.30 276.25 251.80 1.37 times
22 Wed May 2024 259.00 260.00 265.15 252.25 0.524 times
21 Tue May 2024 260.30 261.05 265.35 257.40 0.435 times
18 Sat May 2024 266.35 258.05 267.20 258.05 0.188 times
17 Fri May 2024 260.90 262.00 267.00 258.55 0.575 times
16 Thu May 2024 264.55 263.50 272.00 262.35 1.197 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 250.3, but if it comes above 250.3, then a intra day buy could be more profitable.
If you take a sell trade below 250.3, then use 250.3 as stoploss and 242.4 as target. However if you take a buy trade in stock , then use 250.3 as stoploss and 256.82 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 190.30
Downside Target 219.00
Downside Target 233.70
Downside Target 245.50
Upside Target 267.90
Upside Target 272.00
Upside Target 274.25
Upside Target 276.25
Upside Target 281.75
Upside Target 292.60
Upside Target 308.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 240
Downside Intraday Target 231.8
Upside Intraday Target 263.45
Upside Intraday Target 278.7
Upside Intraday Target 255.25

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 248.20 250.15 270.50 247.05 0.93 times
24 Fri May 2024 256.85 261.05 276.25 251.80 0.468 times
18 Sat May 2024 266.35 251.30 272.00 245.50 1.925 times
10 Fri May 2024 246.35 258.20 267.90 240.05 0.855 times
03 Fri May 2024 263.40 269.70 281.75 260.50 0.206 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
29 Wed May 2024 248.20 272.90 276.25 240.05 0.473 times
30 Tue Apr 2024 269.05 219.00 292.60 219.00 3.323 times
28 Thu Mar 2024 215.80 246.55 255.95 190.30 0.582 times
29 Thu Feb 2024 244.00 254.75 274.25 235.45 0.668 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 257.61 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 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 getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 257.61 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.

Click here for Ritco charts

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Daily charts

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Daily chart
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