(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 2024-06-06 View latest technical analysis
10 day averaged volume of Ritco is 7037
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 233.50 | 229.90 | 245.05 | 228.90 | 0.525 times |
| 05 Wed Jun 2024 | 223.45 | 220.60 | 230.60 | 213.90 | 0.521 times |
| 04 Tue Jun 2024 | 220.95 | 246.40 | 247.95 | 214.00 | 0.721 times |
| 03 Mon Jun 2024 | 247.75 | 242.35 | 263.05 | 240.20 | 1.34 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 | 1.152 times |
| 29 Wed May 2024 | 248.20 | 255.30 | 255.30 | 247.05 | 0.27 times |
| 28 Tue May 2024 | 254.10 | 260.70 | 260.85 | 250.75 | 1.603 times |
| 27 Mon May 2024 | 255.55 | 250.15 | 270.50 | 250.15 | 1.615 times |
| 24 Fri May 2024 | 256.85 | 255.40 | 261.55 | 254.45 | 0.781 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 239.1, but if it comes above 239.1, then a intra day buy could be more profitable.
If you take a sell trade below 239.1, then use 239.1 as stoploss and 224.2 as target. However if you take a buy trade in stock , then use 239.1 as stoploss and 251.55 as target.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 190.30 |
| Downside Target | 213.90 |
| 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 | 210.58 |
| Downside Intraday Target | 187.67 |
| Upside Intraday Target | 259.73 |
| Upside Intraday Target | 285.97 |
| Upside Intraday Target | 236.82 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 233.50 | 242.35 | 263.05 | 213.90 | 0.635 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 |
| 06 Thu Jun 2024 | 233.50 | 242.35 | 263.05 | 213.90 | 0.136 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Ritco stock for short term is BUY. 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ritco in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 247.07 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Ritco stock for short term is BUY. 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Ritco in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing 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 247.07 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.
Click here for further forecast and predictions for tomorrow