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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 2024-08-28 View latest technical analysis

10 day averaged volume of Ritco Logistics is 92103

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	326.30	325.00	335.50	325.00	0.51 times
27 Tue Aug 2024	328.95	328.30	333.10	326.10	0.407 times
26 Mon Aug 2024	331.60	337.80	344.05	330.10	0.912 times
23 Fri Aug 2024	335.15	336.00	348.00	328.50	1.475 times
22 Thu Aug 2024	335.85	321.80	342.00	317.25	3.058 times
21 Wed Aug 2024	318.70	319.35	324.40	316.10	0.926 times
20 Tue Aug 2024	317.95	324.30	330.95	317.05	0.866 times
19 Mon Aug 2024	321.20	322.00	326.00	317.80	0.756 times
16 Fri Aug 2024	316.35	324.65	330.00	312.05	0.486 times
14 Wed Aug 2024	318.50	317.15	323.20	310.30	0.426 times

My analysis of stock is bearish for shortterm, and stock might move down till 316.9 or till 298.9. Use a stoploss of 331.96 and if the stock hits stoploss, then it can shoot up till 347.01

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
Upside Target	334.35
Upside Target	344.05
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	319.52
Downside Intraday Target	312.73
Upside Intraday Target	338.57
Upside Intraday Target	350.83
Upside Intraday Target	331.78

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	326.30	337.80	344.05	325.00	0.258 times
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

Price has moved down 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
28 Wed Aug 2024	326.30	355.00	374.75	310.30	0.499 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 neutral. A longer time frame might give a better analysis.

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 SELL signal for Ritco Logistics in short term but the sell signal is initial and weak.

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. Bears 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 SELL signal for Ritco Logistics in short term but SELL signal is weak.

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 328.53 and Ritco Logistics (RITCO) stock is trading below this level. This means that stock is falling with high volumes. 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.