Login or Join
 Learn then Earn

(RBA) Ritchie Bros complete technical analysis [charts+indicators] | Buy/Sell Ritchie Bros | (RBA) share price targets

Complete technical analysis of Ritchie Bros (RBA) by charts plus indicators, forecast predictions and share price targets for Ritchie Bros (RBA)

Ritchie Bros trades in USA in Miscellaneous sector.

10 day averaged volume of Ritchie Bros is 1013860

Date Daily Closing Price Open High Low Volume
16 Thu May 2024 75.06 75.94 75.94 74.32 0.919 times
15 Wed May 2024 76.04 76.45 77.15 76.03 0.617 times
14 Tue May 2024 76.25 77.33 77.83 75.85 0.807 times
13 Mon May 2024 77.33 76.44 78.23 75.64 0.928 times
10 Fri May 2024 76.48 80.67 80.67 76.18 1.799 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 75.2 as stoploss in an intra day sell trade for a target of 73.37. However, stock will show a bullish move above 75.2.

Share price targets for Ritchie Bros (RBA)

Target Type Value
Downside Target 60.84
Downside Target 63.13
Downside Target 67.08
Downside Target 69.83
Downside Target 74.25
Downside Target 74.32
Upside Target 76.86
Upside Target 77.63
Upside Target 77.99
Upside Target 78.23
Upside Target 80.67

Intraday share price targets for Ritchie Bros (RBA)

Target Type Value
Downside Intraday Target 73.51
Downside Intraday Target 71.96
Upside Intraday Target 77.42
Upside Intraday Target 79.78
Upside Intraday Target 75.87

Weekly technical analysis of Ritchie Bros (RBA)

Date Weekly Closing Price Open High Low Volume
16 Thu May 2024 75.06 76.44 78.23 74.32 0.541 times
10 Fri May 2024 76.48 72.29 80.67 69.83 2.181 times
03 Fri May 2024 72.24 73.18 73.80 70.96 1.188 times
26 Fri Apr 2024 73.18 73.04 73.97 72.49 0.754 times
19 Fri Apr 2024 72.61 73.87 73.87 72.08 1.296 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 Ritchie Bros (RBA)

Date Monthly Closing Price Open High Low Volume
16 Thu May 2024 75.06 71.80 80.67 69.83 0.898 times
30 Tue Apr 2024 71.58 76.24 76.86 71.48 0.826 times
28 Thu Mar 2024 76.17 75.88 77.63 74.25 0.664 times
29 Thu Feb 2024 75.91 64.15 77.99 63.13 1.379 times

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 Ritchie Bros (RBA)

Indicator Name Indicator Value Indicator Signal
ADX 30, 18, 26 Buy
MACD 1, 0Buy
Stochastics 55None
CCI 26Sell
RSI 58Buy
OBV 2101404Sell
VWAP 74Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

Price action analysis of Ritchie Bros ( (RBA) ) 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 Ritchie Bros ( (RBA) ) based on a short 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 Ritchie Bros ( (RBA) ) based on a short to mid 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 Ritchie Bros ( (RBA) ) based on a mid to longer 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.

ADX buy sell signal for Ritchie Bros stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ritchie Bros in short term and the buy signal is strong.

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

Ritchie Bros Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ritchie Bros in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Ritchie Bros is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 74.15 and Ritchie Bros (RBA) 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 Ritchie Bros (RBA) stock. Volume based technical analysis of Ritchie Bros (RBA) stock is negative.

Ritchie Bros 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.

 Learn then Earn
Back to top | Use Dark Theme