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 2024-09-11 View latest technical analysis

10 day averaged volume of Ritco Logistics is 59286

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	320.75	325.05	329.60	317.00	0.82 times
10 Tue Sep 2024	326.20	323.55	330.30	323.25	0.536 times
09 Mon Sep 2024	317.50	320.50	323.85	313.10	0.999 times
06 Fri Sep 2024	321.45	328.90	328.90	320.50	0.739 times
05 Thu Sep 2024	326.35	327.50	329.70	324.00	0.467 times
04 Wed Sep 2024	322.65	326.55	329.00	320.60	0.531 times
03 Tue Sep 2024	328.55	339.95	339.95	326.55	1.03 times
02 Mon Sep 2024	336.55	341.90	345.00	331.55	1.532 times
30 Fri Aug 2024	337.95	317.00	346.55	317.00	2.426 times
29 Thu Aug 2024	318.85	325.00	327.85	313.00	0.947 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 318.5 as stoploss in an intra day buy trade for a target of 325.37. However, stock will show a bearish move below 318.5.

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
Upside Target	330.30
Upside Target	334.80
Upside Target	345.00
Upside Target	346.55
Upside Target	348.00
Upside Target	370.00
Upside Target	374.75

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	312.47
Downside Intraday Target	304.18
Upside Intraday Target	329.67
Upside Intraday Target	338.58
Upside Intraday Target	321.38

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Sep 2024	320.75	320.50	330.30	313.10	0.548 times
06 Fri Sep 2024	321.45	341.90	345.00	320.50	0.692 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

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
11 Wed Sep 2024	320.75	341.90	345.00	313.10	0.129 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 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 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 SELL. 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 but buying is losing 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 328.33 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.