(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 2024-06-04 View latest technical analysis
10 day averaged volume of Ritco is 7024
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 220.95 | 246.40 | 247.95 | 214.00 | 0.722 times |
| 03 Mon Jun 2024 | 247.75 | 242.35 | 263.05 | 240.20 | 1.343 times |
| 31 Fri May 2024 | 247.85 | 251.00 | 254.25 | 246.50 | 0.25 times |
| 30 Thu May 2024 | 250.75 | 249.00 | 252.45 | 242.80 | 1.155 times |
| 29 Wed May 2024 | 248.20 | 255.30 | 255.30 | 247.05 | 0.271 times |
| 28 Tue May 2024 | 254.10 | 260.70 | 260.85 | 250.75 | 1.606 times |
| 27 Mon May 2024 | 255.55 | 250.15 | 270.50 | 250.15 | 1.618 times |
| 24 Fri May 2024 | 256.85 | 255.40 | 261.55 | 254.45 | 0.782 times |
| 23 Thu May 2024 | 254.50 | 266.30 | 276.25 | 251.80 | 1.75 times |
| 22 Wed May 2024 | 259.00 | 260.00 | 265.15 | 252.25 | 0.67 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 231.5, for a target of 243.4 or 253.35
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 190.30 |
| Downside Target | 214.00 |
| Downside Target | 219.00 |
| Upside 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 | 202.28 |
| Downside Intraday Target | 183.62 |
| Upside Intraday Target | 251.33 |
| Upside Intraday Target | 281.72 |
| Upside Intraday Target | 232.67 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 220.95 | 242.35 | 263.05 | 214.00 | 0.421 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 |
| 04 Tue Jun 2024 | 220.95 | 242.35 | 263.05 | 214.00 | 0.09 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 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 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 SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 251.05 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 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 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 SELL. Signal strength is Weak and stock is losing 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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 251.05 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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