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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 2023-11-22 View latest technical analysis

10 day averaged volume of Ritco is 2514

Date Daily Closing Price Open High Low Volume
22 Wed Nov 2023 238.55 244.50 245.40 236.20 0.67 times
21 Tue Nov 2023 239.65 236.00 239.70 233.35 0.602 times
20 Mon Nov 2023 235.70 233.25 238.00 233.25 0.155 times
17 Fri Nov 2023 236.65 238.75 238.75 235.00 0.57 times
16 Thu Nov 2023 240.10 246.00 247.00 238.85 0.392 times
15 Wed Nov 2023 243.90 241.05 245.00 237.10 2.432 times
13 Mon Nov 2023 240.00 241.00 245.40 238.90 0.278 times
12 Sun Nov 2023 241.40 248.90 248.90 241.00 0.496 times
10 Fri Nov 2023 238.40 241.80 241.80 235.95 2.401 times
09 Thu Nov 2023 239.05 238.40 242.60 237.50 0.479 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 238.1 as stoploss in an intra day buy trade for a target of 240.23. However, stock will show a bearish move below 238.1.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 167.50
Downside Target 215.20
Downside Target 228.00
Upside Target 245.40
Upside Target 248.75
Upside Target 248.90
Upside Target 250.00
Upside Target 251.00
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 232.73
Downside Intraday Target 226.92
Upside Intraday Target 244.88
Upside Intraday Target 251.22
Upside Intraday Target 239.07

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
22 Wed Nov 2023 238.55 233.25 245.40 233.25 0.342 times
17 Fri Nov 2023 236.65 248.90 248.90 235.00 0.498 times
10 Fri Nov 2023 238.40 242.00 248.75 231.10 0.27 times
03 Fri Nov 2023 241.40 238.80 245.85 235.00 25.8 times
27 Fri Oct 2023 240.80 245.00 250.00 228.00 0.624 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
22 Wed Nov 2023 238.55 243.95 248.90 231.10 7.632 times
31 Tue Oct 2023 238.95 243.85 251.00 228.00 0.203 times
29 Fri Sep 2023 243.85 235.00 259.80 229.00 0.309 times
31 Thu Aug 2023 235.00 235.00 288.20 215.20 0.518 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ritco in short term and BUY 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

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 240.26 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Ritco in short term and BUY 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

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 240.26 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 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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Click here for further forecast and predictions for tomorrow

Daily charts

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