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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 14240

Date Daily Closing Price Open High Low Volume
11 Fri Jun 2021 27.95 27.95 29.05 27.95 1.236 times
10 Thu Jun 2021 28.50 28.50 28.50 28.50 0.449 times
08 Tue Jun 2021 29.05 29.05 29.05 29.05 0.112 times
04 Fri Jun 2021 29.60 29.60 29.60 29.60 0.225 times
03 Thu Jun 2021 30.20 31.30 31.40 30.20 4.944 times
02 Wed Jun 2021 30.80 30.80 30.80 30.80 0.337 times
01 Tue Jun 2021 30.20 30.20 30.20 30.20 0.337 times
31 Mon May 2021 29.65 29.65 29.65 29.65 1.124 times
28 Fri May 2021 29.10 29.10 29.10 29.10 1.124 times
27 Thu May 2021 27.75 27.75 27.75 27.75 0.449 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 29.6 as stoploss in an intra day sell trade for a target of 26.01. However, stock will show a bullish move above 29.6.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 15.00
Downside Target 15.90
Downside Target 16.45
Downside Target 18.85
Downside Target 19.80
Downside Target 22.90
Downside Target 24.00
Downside Target 27.95
Upside Target 29.05
Upside Target 29.10
Upside Target 29.60
Upside Target 29.65
Upside Target 31.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 27.58
Downside Intraday Target 27.22
Upside Intraday Target 28.68
Upside Intraday Target 29.42
Upside Intraday Target 28.32

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
11 Fri Jun 2021 27.95 29.05 29.05 27.95 0.258 times
04 Fri Jun 2021 29.60 29.65 31.40 29.60 1.442 times
28 Fri May 2021 29.10 24.00 29.10 24.00 2.263 times
21 Fri May 2021 22.90 20.00 22.90 19.80 2.714 times
14 Fri May 2021 20.00 23.20 23.20 20.00 0.194 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
11 Fri Jun 2021 27.95 30.20 31.40 27.95 0.591 times
31 Mon May 2021 29.65 25.40 29.65 19.80 0.479 times
30 Fri Apr 2021 24.20 16.90 24.20 15.00 2.376 times
31 Wed Mar 2021 16.85 17.50 19.80 16.45 0.598 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)

Indicator Name Indicator Value Indicator Signal
ADX 48, 30, 23 Buy
MACD 4, 4Sell
Stochastics 36None
CCI -85Sell
RSI 58Buy
OBV 16000Sell
VWAP 30Sell
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Ritco ( (Ritco) ) based on a short term time period is

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 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 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 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 29.57 and Ritco (Ritco) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily charts

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Daily chart
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