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(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 2024-06-27 View latest technical analysis

10 day averaged volume of Ritco Logistics is 258413

Date	Daily Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	313.36	290.00	334.80	290.00	8.395 times
26 Wed Jun 2024	289.76	296.70	311.70	282.50	2.063 times
25 Tue Jun 2024	293.69	289.98	303.00	286.45	1.416 times
24 Mon Jun 2024	286.67	275.01	290.00	275.01	1.14 times
21 Fri Jun 2024	272.30	275.00	276.00	268.00	0.521 times
20 Thu Jun 2024	268.89	268.70	288.50	267.61	1.798 times
19 Wed Jun 2024	268.70	270.10	273.10	267.00	0.359 times
18 Tue Jun 2024	269.71	274.00	278.40	269.00	0.327 times
14 Fri Jun 2024	270.65	268.25	275.00	265.42	0.692 times
13 Thu Jun 2024	268.25	266.45	272.00	262.90	0.48 times

Stock of Ritco Logistics (RITCO) has showed a significant upmove. This could be a good time to enter in this stock!

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 312, for a target of 285.1 or 262.73

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	207.60
Downside Target	217.60
Downside Target	235.40
Downside Target	242.00
Downside Target	250.40
Downside Target	257.40
Downside Target	264.00
Downside Target	275.01
Downside Target	275.80
Downside Target	288.50
Downside Target	291.90
Upside Target	334.80

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	280.65
Downside Intraday Target	247.93
Upside Intraday Target	340.44
Upside Intraday Target	367.51
Downside Intraday Target	307.72

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Thu Jun 2024	313.36	275.01	334.80	275.01	4.331 times
21 Fri Jun 2024	272.30	274.00	288.50	267.00	0.666 times
14 Fri Jun 2024	270.65	255.00	275.00	250.40	2.544 times
07 Fri Jun 2024	252.70	259.00	264.00	207.60	1.536 times
31 Fri May 2024	247.45	257.20	271.50	242.95	1.039 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
27 Thu Jun 2024	313.36	259.00	334.80	207.60	3.809 times
31 Fri May 2024	247.45	273.00	275.80	242.00	0.398 times
30 Tue Apr 2024	269.20	219.00	291.90	217.60	2.812 times
28 Thu Mar 2024	218.20	244.50	257.40	189.15	0.563 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Ritco Logistics stock for short term is BUY. Signal strength is Strong and stock is gaining 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 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 Ritco Logistics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Logistics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 296.5 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.