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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 2024-09-02 View latest technical analysis

10 day averaged volume of Ritco Logistics is 102065

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	336.55	341.90	345.00	331.55	0.89 times
30 Fri Aug 2024	337.95	317.00	346.55	317.00	1.409 times
29 Thu Aug 2024	318.85	325.00	327.85	313.00	0.55 times
28 Wed Aug 2024	326.30	325.00	335.50	325.00	0.461 times
27 Tue Aug 2024	328.95	328.30	333.10	326.10	0.367 times
26 Mon Aug 2024	331.60	337.80	344.05	330.10	0.823 times
23 Fri Aug 2024	335.15	336.00	348.00	328.50	1.331 times
22 Thu Aug 2024	335.85	321.80	342.00	317.25	2.76 times
21 Wed Aug 2024	318.70	319.35	324.40	316.10	0.835 times
20 Tue Aug 2024	317.95	324.30	330.95	317.05	0.781 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 335.6, but if it comes below 335.6, then a intra day sell could be more profitable.
If you take a sell trade below 335.6, then use 335.6 as stoploss and 327.2 as target. However if you take a buy trade in stock , then use 335.6 as stoploss and 345.7 as target.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	207.60
Downside Target	242.00
Downside Target	275.80
Downside Target	290.00
Downside Target	310.30
Downside Target	331.55
Upside Target	345.00
Upside Target	346.55
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	330.4
Downside Intraday Target	324.25
Upside Intraday Target	343.85
Upside Intraday Target	351.15
Upside Intraday Target	337.7

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	336.55	341.90	345.00	331.55	0.247 times
30 Fri Aug 2024	337.95	337.80	346.55	313.00	0.565 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

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
02 Mon Sep 2024	336.55	341.90	345.00	331.55	0.03 times
30 Fri Aug 2024	337.95	355.00	374.75	310.30	0.534 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

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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 losing 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 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 above 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

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 331.4 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.