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 2024-07-23 View latest technical analysis

10 day averaged volume of Ritco Logistics is 185813

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	303.05	301.10	310.35	291.70	0.873 times
22 Mon Jul 2024	303.80	290.00	312.80	290.00	0.635 times
19 Fri Jul 2024	295.25	306.45	306.45	292.25	0.654 times
18 Thu Jul 2024	306.25	306.00	310.60	300.10	0.84 times
16 Tue Jul 2024	306.35	315.45	318.45	303.35	0.603 times
15 Mon Jul 2024	314.40	326.90	328.70	313.00	0.747 times
12 Fri Jul 2024	324.60	321.50	341.00	320.00	2.033 times
11 Thu Jul 2024	319.25	314.45	322.55	313.25	0.449 times
10 Wed Jul 2024	314.30	325.75	325.80	302.00	1.027 times
09 Tue Jul 2024	323.60	325.00	328.35	316.80	1.204 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 300.8 as stoploss in an intra day buy trade for a target of 310.46. However, stock will show a bearish move below 300.8.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	207.60
Downside Target	217.60
Downside Target	242.00
Downside Target	257.40
Downside Target	275.01
Downside Target	290.00
Downside Target	302.00
Upside Target	312.80
Upside Target	328.70
Upside Target	332.00
Upside Target	334.80
Upside Target	341.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	291.1
Downside Intraday Target	279.15
Upside Intraday Target	313.9
Upside Intraday Target	324.75
Downside Intraday Target	301.95

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	303.05	290.00	312.80	290.00	0.53 times
19 Fri Jul 2024	295.25	326.90	328.70	292.25	0.436 times
12 Fri Jul 2024	324.60	317.70	341.00	302.00	1.003 times
05 Fri Jul 2024	313.95	306.80	332.00	305.25	0.327 times
28 Fri Jun 2024	306.48	275.01	334.80	275.01	4.761 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 Logistics (RITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	303.05	306.80	341.00	290.00	0.529 times
28 Fri Jun 2024	306.48	259.00	334.80	207.60	4.03 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Ritco Logistics ( (RITCO) ) based on a short to mid 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.

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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Ritco Logistics in short term but the sell signal is initial and weak.

Ritco Logistics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a SELL signal for Ritco Logistics in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 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 313.63 and Ritco Logistics (RITCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.