(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 2024-09-16 View latest technical analysis
10 day averaged volume of Ritco is 3095
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 321.30 | 320.00 | 325.95 | 318.15 | 2.571 times |
| 13 Fri Sep 2024 | 318.85 | 320.70 | 322.70 | 315.45 | 1.69 times |
| 12 Thu Sep 2024 | 319.85 | 322.00 | 325.65 | 319.80 | 0.387 times |
| 11 Wed Sep 2024 | 319.85 | 326.35 | 328.45 | 317.10 | 0.301 times |
| 10 Tue Sep 2024 | 325.10 | 326.40 | 329.00 | 322.65 | 0.289 times |
| 09 Mon Sep 2024 | 317.05 | 320.00 | 323.95 | 313.50 | 1.336 times |
| 06 Fri Sep 2024 | 322.30 | 326.00 | 326.00 | 321.00 | 0.519 times |
| 05 Thu Sep 2024 | 325.65 | 325.00 | 329.50 | 323.70 | 0.8 times |
| 04 Wed Sep 2024 | 325.05 | 327.00 | 327.75 | 320.60 | 2.59 times |
| 03 Tue Sep 2024 | 328.25 | 334.00 | 334.35 | 326.15 | 0.877 times |
Stock of Ritco (Ritco) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 319.1 as stoploss in an intra day buy trade for a target of 325.79. However, stock will show a bearish move below 319.1.
Share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Target | 213.90 |
| Downside Target | 240.05 |
| Downside Target | 276.25 |
| Downside Target | 311.90 |
| Upside Target | 329.00 |
| Upside Target | 334.65 |
| Upside Target | 344.40 |
| Upside Target | 345.80 |
| Upside Target | 346.90 |
| Upside Target | 370.00 |
| Upside Target | 374.90 |
Intraday share price targets for Ritco (Ritco)
| Target Type | Value |
| Downside Intraday Target | 317.65 |
| Downside Intraday Target | 314 |
| Upside Intraday Target | 325.45 |
| Upside Intraday Target | 329.6 |
| Upside Intraday Target | 321.8 |
Weekly technical analysis of Ritco (Ritco)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Mon Sep 2024 | 321.30 | 320.00 | 325.95 | 318.15 | 0.642 times |
| 13 Fri Sep 2024 | 318.85 | 320.00 | 329.00 | 313.50 | 0.668 times |
| 06 Fri Sep 2024 | 322.30 | 337.85 | 344.40 | 320.60 | 0.55 times |
| 30 Fri Aug 2024 | 337.40 | 339.15 | 345.80 | 314.00 | 0.729 times |
| 23 Fri Aug 2024 | 334.80 | 325.85 | 346.90 | 316.70 | 1.801 times |
Price has moved up 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 |
| 16 Mon Sep 2024 | 321.30 | 337.85 | 344.40 | 313.50 | 0.158 times |
| 30 Fri Aug 2024 | 337.40 | 357.05 | 374.90 | 311.90 | 0.558 times |
| 31 Wed Jul 2024 | 359.00 | 306.60 | 370.00 | 280.05 | 0.844 times |
| 28 Fri Jun 2024 | 307.85 | 242.35 | 334.65 | 213.90 | 3.261 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 BUY signal in short term but buying is losing 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 322.19 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 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 BUY signal in short term but buying is losing 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 322.19 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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