(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 2024-05-31 View latest technical analysis
10 day averaged volume of Ritco is 6590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri May 2024 | 247.85 | 251.00 | 254.25 | 246.50 | 0.266 times |
| 30 Thu May 2024 | 250.75 | 249.00 | 252.45 | 242.80 | 1.231 times |
| 29 Wed May 2024 | 248.20 | 255.30 | 255.30 | 247.05 | 0.289 times |
| 28 Tue May 2024 | 254.10 | 260.70 | 260.85 | 250.75 | 1.712 times |
| 27 Mon May 2024 | 255.55 | 250.15 | 270.50 | 250.15 | 1.725 times |
| 24 Fri May 2024 | 256.85 | 255.40 | 261.55 | 254.45 | 0.834 times |
| 23 Thu May 2024 | 254.50 | 266.30 | 276.25 | 251.80 | 1.865 times |
| 22 Wed May 2024 | 259.00 | 260.00 | 265.15 | 252.25 | 0.714 times |
| 21 Tue May 2024 | 260.30 | 261.05 | 265.35 | 257.40 | 0.592 times |
| 18 Sat May 2024 | 266.35 | 258.05 | 267.20 | 258.05 | 0.256 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 248.9, but if it comes above 248.9, then a intra day buy could be more profitable.
If you take a sell trade below 248.9, then use 248.9 as stoploss and 241.1 as target. However if you take a buy trade in stock , then use 248.9 as stoploss and 255.4 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 190.30 |
| Downside Target | 219.00 |
| Downside Target | 233.70 |
| Upside Target | 251.80 |
| Upside Target | 267.90 |
| Upside Target | 272.00 |
| Upside Target | 274.25 |
| Upside Target | 276.25 |
| Upside Target | 281.75 |
| Upside Target | 292.60 |
| Upside Target | 308.40 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 236.93 |
| Downside Intraday Target | 226.02 |
| Upside Intraday Target | 264.63 |
| Upside Intraday Target | 281.42 |
| Upside Intraday Target | 253.72 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 03 Fri May 2024 | 263.40 | 269.70 | 281.75 | 260.50 | 0.206 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 |
| 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 |
| 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ritco in short term but BUY 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
Although the stock is in the SELL zone, but selling 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 254.98 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 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Ritco in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Ritco in short term but BUY 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
Although the stock is in the SELL zone, but selling 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 254.98 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.
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