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 2024-09-25 View latest technical analysis

10 day averaged volume of Ritco Logistics is 65683

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	318.90	321.50	321.50	314.95	0.445 times
24 Tue Sep 2024	320.45	320.00	323.70	318.15	0.36 times
23 Mon Sep 2024	320.90	327.00	333.95	319.50	1.004 times
20 Fri Sep 2024	322.55	316.30	324.10	316.30	0.643 times
19 Thu Sep 2024	321.10	327.00	327.00	314.65	0.875 times
18 Wed Sep 2024	323.70	321.00	327.95	319.50	0.739 times
17 Tue Sep 2024	320.90	318.15	327.25	318.00	2.914 times
16 Mon Sep 2024	321.35	322.00	327.70	318.00	0.616 times
13 Fri Sep 2024	319.35	322.05	323.25	315.50	1.327 times
12 Thu Sep 2024	319.85	324.85	326.95	319.30	0.781 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 317.9 as stoploss in an intra day buy trade for a target of 323.29. However, stock will show a bearish move below 317.9.

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	327.95
Upside Target	333.95
Upside Target	334.80
Upside Target	345.00
Upside Target	346.55
Upside Target	370.00
Upside Target	374.75

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	311.25
Downside Intraday Target	303.6
Upside Intraday Target	330.25
Upside Intraday Target	341.6
Upside Intraday Target	322.6

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	318.90	327.00	333.95	314.95	0.313 times
20 Fri Sep 2024	322.55	322.00	327.95	314.65	1.367 times
13 Fri Sep 2024	319.35	320.50	330.30	313.10	1.091 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

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
25 Wed Sep 2024	318.90	341.90	345.00	313.10	0.338 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ritco Logistics ( (RITCO) ) based on a short 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Ritco Logistics stock for short term is SELL. Signal strength is Weak and stock is losing 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 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 320.86 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 positive

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