(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 2024-05-17 View latest technical analysis
10 day averaged volume of Ritco is 8893
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 260.90 | 262.00 | 267.00 | 258.55 | 0.58 times |
| 16 Thu May 2024 | 264.55 | 263.50 | 272.00 | 262.35 | 1.207 times |
| 15 Wed May 2024 | 261.85 | 265.55 | 269.00 | 248.20 | 2.594 times |
| 14 Tue May 2024 | 266.00 | 252.70 | 267.00 | 248.65 | 1.281 times |
| 13 Mon May 2024 | 252.25 | 251.30 | 253.70 | 245.50 | 0.491 times |
| 10 Fri May 2024 | 246.35 | 240.05 | 254.50 | 240.05 | 0.901 times |
| 09 Thu May 2024 | 246.00 | 247.60 | 251.35 | 242.30 | 1.501 times |
| 08 Wed May 2024 | 246.90 | 245.85 | 252.55 | 244.00 | 0.272 times |
| 07 Tue May 2024 | 250.85 | 256.00 | 260.70 | 247.20 | 0.284 times |
| 06 Mon May 2024 | 258.85 | 258.20 | 267.90 | 256.00 | 0.337 times |
My analysis of stock is bearish for shortterm, and stock might move down till 253 or till 243.5. Use a stoploss of 261 and if the stock hits stoploss, then it can shoot up till 268.96
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 190.30 |
| Downside Target | 219.00 |
| Downside Target | 227.05 |
| Downside Target | 233.70 |
| Downside Target | 245.50 |
| Downside Target | 255.95 |
| Upside Target | 267.90 |
| Upside Target | 274.25 |
| Upside Target | 281.75 |
| Upside Target | 290.75 |
| Upside Target | 292.60 |
| Upside Target | 308.40 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 246.93 |
| Downside Intraday Target | 232.97 |
| Upside Intraday Target | 273.43 |
| Upside Intraday Target | 285.97 |
| Downside Intraday Target | 259.47 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 260.90 | 251.30 | 272.00 | 245.50 | 1.868 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 |
| 26 Fri Apr 2024 | 269.50 | 266.80 | 290.75 | 259.70 | 1.427 times |
| 19 Fri Apr 2024 | 261.60 | 227.05 | 292.60 | 227.05 | 16.76 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ritco (Ritco)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 260.90 | 272.90 | 272.90 | 240.05 | 0.308 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 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 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 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 257.34 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 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 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 but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 257.34 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.
Click here for further forecast and predictions for tomorrow