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 2024-07-30 View latest technical analysis

10 day averaged volume of Ritco Logistics is 130234

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	358.05	330.40	370.00	330.40	13.058 times
29 Mon Jul 2024	327.15	319.90	330.00	318.65	1.374 times
26 Fri Jul 2024	314.20	310.25	321.00	308.30	0.661 times
25 Thu Jul 2024	308.25	302.40	314.45	301.55	0.846 times
24 Wed Jul 2024	303.55	303.95	315.00	302.00	0.909 times
23 Tue Jul 2024	303.05	301.10	310.35	291.70	1.245 times
22 Mon Jul 2024	303.80	290.00	312.80	290.00	0.905 times
19 Fri Jul 2024	295.25	306.45	306.45	292.25	0.934 times
18 Thu Jul 2024	306.25	306.00	310.60	300.10	1.198 times
16 Tue Jul 2024	306.35	315.45	318.45	303.35	0.861 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 343.2, for a target of 327.8 or 314.99

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	275.80
Downside Target	290.00
Downside Target	302.00
Downside Target	318.65
Downside Target	328.70
Downside Target	332.00
Downside Target	334.80
Downside Target	341.00
Upside Target	370.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	327.8
Downside Intraday Target	297.55
Upside Intraday Target	379.15
Upside Intraday Target	400.25
Downside Intraday Target	348.9

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	358.05	319.90	370.00	318.65	3.16 times
26 Fri Jul 2024	314.20	290.00	321.00	290.00	1.125 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

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
30 Tue Jul 2024	358.05	306.80	370.00	290.00	0.889 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 stronger in this stock.

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

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 337.77 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.