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(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 2024-04-12 View latest technical analysis

10 day averaged volume of Ritco is 2596

Date Daily Closing Price Open High Low Volume
12 Fri Apr 2024 244.85 242.00 253.10 240.95 1.227 times
10 Wed Apr 2024 240.00 247.95 247.95 236.00 0.848 times
09 Tue Apr 2024 239.65 239.35 240.00 236.60 0.073 times
08 Mon Apr 2024 238.15 240.85 243.75 237.50 0.537 times
05 Fri Apr 2024 238.05 238.30 240.75 235.65 0.777 times
04 Thu Apr 2024 235.85 251.45 251.80 228.20 0.972 times
03 Wed Apr 2024 247.85 243.00 249.50 240.50 0.303 times
02 Tue Apr 2024 242.85 232.00 245.00 232.00 0.761 times
01 Mon Apr 2024 238.15 219.00 243.35 219.00 0.255 times
28 Thu Mar 2024 215.80 224.45 224.45 212.00 4.127 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 241.9, but if it comes below 241.9, then a intra day sell could be more profitable.
If you take a sell trade below 241.9, then use 241.9 as stoploss and 229.2 as target. However if you take a buy trade in stock , then use 241.9 as stoploss and 257.1 as target.

Share price targets for Ritco (Ritco)

Target Type Value
Downside Target 190.30
Downside Target 212.00
Downside Target 232.00
Downside Target 243.00
Upside Target 251.80
Upside Target 253.10
Upside Target 255.95
Upside Target 274.25
Upside Target 304.65
Upside Target 308.40

Intraday share price targets for Ritco (Ritco)

Target Type Value
Downside Intraday Target 236.2
Downside Intraday Target 227.55
Upside Intraday Target 253.3
Upside Intraday Target 261.75
Downside Intraday Target 244.65

Weekly technical analysis of Ritco (Ritco)

Date Weekly Closing Price Open High Low Volume
12 Fri Apr 2024 244.85 240.85 253.10 236.00 0.875 times
05 Fri Apr 2024 238.05 219.00 251.80 219.00 0.369 times
28 Thu Mar 2024 215.80 221.80 232.00 212.00 1.663 times
22 Fri Mar 2024 220.60 220.00 232.00 215.20 0.268 times
15 Fri Mar 2024 223.30 242.75 243.00 190.30 5.263 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
12 Fri Apr 2024 244.85 219.00 253.10 219.00 0.156 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
31 Wed Jan 2024 249.75 272.25 308.40 233.70 0.993 times

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

MACD generated a BUY signal for Ritco in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ritco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ritco in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 230.24 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock is giving positive 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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 gaining momentum.

MACD generated a BUY signal for Ritco in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Ritco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ritco in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 230.24 and Ritco (Ritco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Ritco (Ritco) stock. Volume based technical analysis of Ritco (Ritco) stock is negative.

Ritco Stock is giving positive 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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Daily charts

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