(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 2024-06-03 View latest technical analysis
10 day averaged volume of Ritco is 6250
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 247.75 | 242.35 | 263.05 | 240.20 | 1.509 times |
| 31 Fri May 2024 | 247.85 | 251.00 | 254.25 | 246.50 | 0.281 times |
| 30 Thu May 2024 | 250.75 | 249.00 | 252.45 | 242.80 | 1.298 times |
| 29 Wed May 2024 | 248.20 | 255.30 | 255.30 | 247.05 | 0.304 times |
| 28 Tue May 2024 | 254.10 | 260.70 | 260.85 | 250.75 | 1.805 times |
| 27 Mon May 2024 | 255.55 | 250.15 | 270.50 | 250.15 | 1.819 times |
| 24 Fri May 2024 | 256.85 | 255.40 | 261.55 | 254.45 | 0.879 times |
| 23 Thu May 2024 | 254.50 | 266.30 | 276.25 | 251.80 | 1.967 times |
| 22 Wed May 2024 | 259.00 | 260.00 | 265.15 | 252.25 | 0.753 times |
| 21 Tue May 2024 | 260.30 | 261.05 | 265.35 | 257.40 | 0.625 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 248.2, but if it comes above 248.2, then a intra day buy could be more profitable.
If you take a sell trade below 248.2, then use 248.2 as stoploss and 240.2 as target. However if you take a buy trade in stock , then use 248.2 as stoploss and 254.84 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 190.30 |
| Downside Target | 219.00 |
| Downside 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 | 237.62 |
| Downside Intraday Target | 227.48 |
| Upside Intraday Target | 260.47 |
| Upside Intraday Target | 273.18 |
| Upside Intraday Target | 250.33 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Mon Jun 2024 | 247.75 | 242.35 | 263.05 | 240.20 | 0.274 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 |
| 03 Mon Jun 2024 | 247.75 | 242.35 | 263.05 | 240.20 | 0.059 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 253.74 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!
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 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 253.74 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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