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 2024-10-22 View latest technical analysis

10 day averaged volume of Ritco Logistics is 270320

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	360.80	388.00	389.85	353.35	0.824 times
21 Mon Oct 2024	391.30	397.90	401.75	378.55	0.896 times
18 Fri Oct 2024	392.75	405.60	409.00	388.90	1.263 times
17 Thu Oct 2024	401.10	387.20	406.70	385.50	2.362 times
16 Wed Oct 2024	389.30	365.40	394.70	363.80	1.977 times
15 Tue Oct 2024	365.65	363.55	369.00	358.75	0.377 times
14 Mon Oct 2024	361.30	353.90	373.20	351.05	1.298 times
11 Fri Oct 2024	349.45	330.80	352.45	327.00	0.866 times
10 Thu Oct 2024	332.55	322.05	339.45	322.05	0.512 times
09 Wed Oct 2024	322.05	319.65	333.25	319.65	0.195 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 373.4 as stoploss in an intra day sell trade for a target of 344.61. However, stock will show a bullish move above 373.4.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	207.60
Downside Target	290.00
Downside Target	305.00
Downside Target	333.95
Downside Target	345.00
Downside Target	352.45
Downside Target	353.35
Upside Target	370.00
Upside Target	374.75
Upside Target	401.75
Upside Target	409.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	342.18
Downside Intraday Target	323.57
Upside Intraday Target	390.58
Upside Intraday Target	420.37
Upside Intraday Target	371.97

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	360.80	397.90	401.75	353.35	0.236 times
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

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
22 Tue Oct 2024	360.80	326.70	409.00	305.00	2.9 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Ritco Logistics in short term and the buy signal is strong.

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 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 but buying is losing 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 378.76 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 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.