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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 23370

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 263.40 260.50 268.70 260.50 0.431 times
02 Thu May 2024 263.70 272.90 272.90 262.55 0.172 times
30 Tue Apr 2024 269.05 269.90 276.70 268.45 0.5 times
29 Mon Apr 2024 266.90 269.70 281.75 266.65 0.365 times
26 Fri Apr 2024 269.50 272.90 290.75 267.65 1.937 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 268.1 as stoploss in an intra day sell trade for a target of 255.83. However, stock will show a bullish move above 268.1.

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 251.80
Upside Target 272.90
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 255.35
Downside Intraday Target 247.3
Upside Intraday Target 276.6
Upside Intraday Target 289.8
Upside Intraday Target 268.55

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
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
12 Fri Apr 2024 244.85 240.85 253.10 236.00 0.875 times
05 Fri Apr 2024 238.05 219.00 251.80 219.00 0.369 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
03 Fri May 2024 263.40 272.90 272.90 260.50 0.044 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

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 24, 10, 41 Buy
MACD 13, 12Buy
Stochastics 47None
CCI -76Sell
RSI 50Buy
OBV 154681Sell
VWAP 268Sell
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Ritco ( (Ritco) ) based on a short to mid 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 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.

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 positive zone. This is a BUY 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 268.05 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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