Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(RITCO) Ritco Logistics complete technical analysis [charts+indicators] | Buy/Sell Ritco Logistics | (RITCO) share price targets

Complete technical analysis of Ritco Logistics (RITCO) by charts plus indicators, forecast predictions and share price targets for Ritco Logistics (RITCO)

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Ritco Logistics is 144288

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	257.20	257.60	270.00	252.55	1.877 times
15 Mon Apr 2024	256.85	242.45	291.90	230.50	6.306 times
12 Fri Apr 2024	243.25	240.00	253.90	240.00	0.736 times
10 Wed Apr 2024	240.70	239.00	248.00	236.20	0.149 times
09 Tue Apr 2024	238.05	239.85	241.20	235.80	0.057 times
08 Mon Apr 2024	238.85	238.00	244.50	237.00	0.195 times
05 Fri Apr 2024	237.30	235.50	242.00	232.90	0.252 times
04 Thu Apr 2024	233.45	248.00	252.45	229.25	0.575 times
03 Wed Apr 2024	247.85	239.60	250.00	239.60	0.608 times
02 Tue Apr 2024	243.25	237.00	245.55	229.45	0.498 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 260.5, for a target of 245.8 or 233.57

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	209.15
Downside Target	213.55
Downside Target	230.50
Downside Target	241.80
Downside Target	252.45
Downside Target	253.90
Upside Target	257.40
Upside Target	273.90
Upside Target	291.90
Upside Target	305.00
Upside Target	309.45

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	227.83
Downside Intraday Target	198.47
Upside Intraday Target	289.23
Upside Intraday Target	321.27
Upside Intraday Target	259.87

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	257.20	242.45	291.90	230.50	7.2 times
12 Fri Apr 2024	243.25	238.00	253.90	235.80	0.445 times
05 Fri Apr 2024	237.30	219.00	252.45	217.60	1.108 times
28 Thu Mar 2024	218.20	217.95	232.90	209.15	2.158 times
22 Fri Mar 2024	217.85	222.90	232.40	213.55	0.255 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ritco Logistics (RITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	257.20	219.00	291.90	217.60	1.267 times
28 Thu Mar 2024	218.20	244.50	257.40	189.15	0.563 times
29 Thu Feb 2024	243.25	251.60	273.90	235.40	0.766 times
31 Wed Jan 2024	248.35	272.00	309.45	233.10	1.253 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 Logistics (RITCO)

Price action analysis of Ritco Logistics ( (RITCO) ) 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 Ritco Logistics ( (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 Logistics ( (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 Logistics stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ritco Logistics 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.

Ritco Logistics 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 green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ritco Logistics is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 252.68 and Ritco Logistics (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 Logistics (RITCO) stock. Volume based technical analysis of Ritco Logistics (RITCO) stock is negative.

Ritco Logistics 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.