(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)
Intraday share price targets for Ritco (Ritco)
|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|
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.