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(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.

Showing technical analysis as on 2024-08-20 View latest technical analysis

10 day averaged volume of Ritchie Bros is 764316

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	83.38	83.26	83.61	82.54	0.697 times
19 Mon Aug 2024	83.12	82.50	83.26	82.32	0.761 times
16 Fri Aug 2024	82.26	81.34	82.39	81.34	0.71 times
15 Thu Aug 2024	81.70	80.92	81.84	80.75	0.859 times
14 Wed Aug 2024	80.03	78.66	80.09	78.61	0.549 times
13 Tue Aug 2024	78.72	78.50	79.39	78.16	0.717 times
12 Mon Aug 2024	78.02	78.83	79.63	77.80	0.536 times
09 Fri Aug 2024	78.94	78.76	79.88	78.13	1.066 times
08 Thu Aug 2024	78.29	78.26	78.84	77.91	1.47 times
07 Wed Aug 2024	77.30	78.48	80.26	77.08	1.078 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 81.6, but if it comes below 81.6, then a intra day sell could be more profitable.
If you take a sell trade below 81.6, then use 81.6 as stoploss and 78.94 as target. However if you take a buy trade in stock , then use 81.6 as stoploss and 84.8 as target.

Share price targets for Ritchie Bros (RBA)

Target Type	Value
Downside Target	69.83
Downside Target	73.29
Downside Target	75.33
Downside Target	76.86
Downside Target	80.26
Downside Target	80.80
Downside Target	81.74
Downside Target	81.87
Downside Target	82.32
Downside Target	82.39
Upside Target	83.61

Intraday share price targets for Ritchie Bros (RBA)

Target Type	Value
Downside Intraday Target	82.6
Downside Intraday Target	81.81
Upside Intraday Target	83.89
Upside Intraday Target	84.39
Downside Intraday Target	83.1

Weekly technical analysis of Ritchie Bros (RBA)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	83.38	82.50	83.61	82.32	0.433 times
16 Fri Aug 2024	82.26	78.83	82.39	77.80	0.42 times
09 Fri Aug 2024	78.94	72.83	80.26	70.38	1.235 times
02 Fri Aug 2024	74.77	79.53	80.37	73.29	1.355 times
26 Fri Jul 2024	79.17	80.05	80.80	78.22	0.781 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 Ritchie Bros (RBA)

Date	Monthly Closing Price	Open	High	Low	Volume
20 Tue Aug 2024	83.38	79.40	83.61	70.38	0.669 times
31 Wed Jul 2024	79.63	76.55	81.87	75.33	0.286 times
28 Fri Jun 2024	76.36	73.25	81.74	70.27	3.638 times
31 Fri May 2024	72.68	71.80	80.67	69.83	1.446 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 Ritchie Bros (RBA)

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 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 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 Ritchie Bros stock for short term is BUY. Signal strength is Strong and stock is gaining 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Ritchie Bros 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 79.91 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.