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 2024-08-23 View latest technical analysis

10 day averaged volume of Ritco Logistics is 104051

Date	Daily Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	335.15	336.00	348.00	328.50	1.306 times
22 Thu Aug 2024	335.85	321.80	342.00	317.25	2.707 times
21 Wed Aug 2024	318.70	319.35	324.40	316.10	0.819 times
20 Tue Aug 2024	317.95	324.30	330.95	317.05	0.767 times
19 Mon Aug 2024	321.20	322.00	326.00	317.80	0.67 times
16 Fri Aug 2024	316.35	324.65	330.00	312.05	0.43 times
14 Wed Aug 2024	318.50	317.15	323.20	310.30	0.377 times
13 Tue Aug 2024	315.55	323.60	327.85	315.50	0.609 times
12 Mon Aug 2024	323.60	330.90	334.35	321.25	0.652 times
09 Fri Aug 2024	330.70	337.95	338.10	323.25	1.103 times

My analysis of stock is bullish for shortterm, and stock might move up till 349.2 or till 369.1. Use a stoploss of 332.59 and if this stock hits its stoploss, then it can fall down till 316.01

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	207.60
Downside Target	217.60
Downside Target	242.00
Downside Target	275.80
Downside Target	290.00
Downside Target	310.30
Downside Target	334.35
Downside Target	334.80
Upside Target	348.00
Upside Target	368.85
Upside Target	370.00
Upside Target	374.75

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	318.17
Downside Intraday Target	301.18
Upside Intraday Target	350.07
Upside Intraday Target	364.98
Downside Intraday Target	333.08

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Fri Aug 2024	335.15	322.00	348.00	316.10	3.03 times
16 Fri Aug 2024	316.35	330.90	334.35	310.30	0.17 times
09 Fri Aug 2024	330.70	359.50	368.85	311.60	0.461 times
02 Fri Aug 2024	366.80	319.90	374.75	318.65	4.607 times
26 Fri Jul 2024	314.20	290.00	321.00	290.00	1.125 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
23 Fri Aug 2024	335.15	355.00	374.75	310.30	0.47 times
31 Wed Jul 2024	359.35	306.80	370.00	290.00	0.939 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

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 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 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 Strong and stock is gaining momentum.

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

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 stronger in this stock.

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 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 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 327.43 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.