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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 2024-06-04 View latest technical analysis

10 day averaged volume of Ritco is 7024

Date Daily Closing Price Open High Low Volume
04 Tue Jun 2024 220.95 246.40 247.95 214.00 0.722 times
03 Mon Jun 2024 247.75 242.35 263.05 240.20 1.343 times
31 Fri May 2024 247.85 251.00 254.25 246.50 0.25 times
30 Thu May 2024 250.75 249.00 252.45 242.80 1.155 times
29 Wed May 2024 248.20 255.30 255.30 247.05 0.271 times
28 Tue May 2024 254.10 260.70 260.85 250.75 1.606 times
27 Mon May 2024 255.55 250.15 270.50 250.15 1.618 times
24 Fri May 2024 256.85 255.40 261.55 254.45 0.782 times
23 Thu May 2024 254.50 266.30 276.25 251.80 1.75 times
22 Wed May 2024 259.00 260.00 265.15 252.25 0.67 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 231.5, for a target of 243.4 or 253.35

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 190.30
Downside Target 214.00
Downside Target 219.00
Upside Target 235.45
Upside Target 251.80
Upside Target 263.05
Upside Target 267.90
Upside Target 270.50
Upside Target 272.00
Upside Target 274.25
Upside Target 276.25
Upside Target 292.60

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 202.28
Downside Intraday Target 183.62
Upside Intraday Target 251.33
Upside Intraday Target 281.72
Upside Intraday Target 232.67

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
04 Tue Jun 2024 220.95 242.35 263.05 214.00 0.421 times
31 Fri May 2024 247.85 250.15 270.50 242.80 1.304 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

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
04 Tue Jun 2024 220.95 242.35 263.05 214.00 0.09 times
31 Fri May 2024 247.85 272.90 276.25 240.05 0.504 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

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 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 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 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 SELL. 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 251.05 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 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 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 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 SELL. 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 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 red color and prices are below the red 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 SELL signal in short term and selling is picking up 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 251.05 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

Click here for further forecast and predictions for tomorrow

Daily charts

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