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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 2024-10-18 View latest technical analysis

10 day averaged volume of Ritco Logistics is 268509

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	392.75	405.60	409.00	388.90	1.272 times
17 Thu Oct 2024	401.10	387.20	406.70	385.50	2.378 times
16 Wed Oct 2024	389.30	365.40	394.70	363.80	1.991 times
15 Tue Oct 2024	365.65	363.55	369.00	358.75	0.38 times
14 Mon Oct 2024	361.30	353.90	373.20	351.05	1.307 times
11 Fri Oct 2024	349.45	330.80	352.45	327.00	0.872 times
10 Thu Oct 2024	332.55	322.05	339.45	322.05	0.516 times
09 Wed Oct 2024	322.05	319.65	333.25	319.65	0.196 times
08 Tue Oct 2024	321.75	312.00	325.50	305.00	0.254 times
07 Mon Oct 2024	309.60	335.55	345.75	305.25	0.51 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 398.6, for a target of 366.2 or 339.17

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	207.60
Downside Target	290.00
Downside Target	305.00
Downside Target	327.95
Downside Target	345.00
Downside Target	348.80
Downside Target	351.05
Downside Target	352.45
Downside Target	370.00
Downside Target	374.75
Upside Target	409.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	359.53
Downside Intraday Target	326.32
Upside Intraday Target	417.48
Upside Intraday Target	442.22
Downside Intraday Target	384.27

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	392.75	353.90	409.00	351.05	3.12 times
11 Fri Oct 2024	349.45	335.55	352.45	305.00	0.891 times
04 Fri Oct 2024	334.10	317.20	348.80	317.05	2.537 times
27 Fri Sep 2024	321.75	327.00	333.95	314.95	0.734 times
20 Fri Sep 2024	322.55	322.00	327.95	314.65	1.367 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
18 Fri Oct 2024	392.75	326.70	409.00	305.00	2.535 times
30 Mon Sep 2024	325.35	341.90	345.00	313.10	0.416 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above 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 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 373.98 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.