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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 2024-10-31 View latest technical analysis

10 day averaged volume of Ritco Logistics is 207526

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	390.35	385.90	398.00	377.60	0.815 times
30 Wed Oct 2024	379.05	363.65	385.00	363.55	0.729 times
29 Tue Oct 2024	363.65	368.75	372.40	359.10	0.25 times
28 Mon Oct 2024	366.70	364.50	376.00	353.70	0.538 times
25 Fri Oct 2024	357.25	373.75	379.40	346.00	0.628 times
24 Thu Oct 2024	373.65	372.00	375.00	365.00	0.35 times
23 Wed Oct 2024	366.50	367.00	375.00	356.00	0.543 times
22 Tue Oct 2024	360.80	388.00	389.85	353.35	1.073 times
21 Mon Oct 2024	391.30	397.90	401.75	378.55	1.167 times
18 Fri Oct 2024	392.75	405.60	409.00	388.90	1.645 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387.1, but if it comes below 387.1, then a intra day sell could be more profitable.
If you take a sell trade below 387.1, then use 387.1 as stoploss and 361.44 as target. However if you take a buy trade in stock , then use 387.1 as stoploss and 417.9 as target.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	207.60
Downside Target	290.00
Downside Target	305.00
Downside Target	334.80
Downside Target	345.00
Downside Target	353.70
Downside Target	370.00
Downside Target	374.75
Upside Target	398.00
Upside Target	401.75
Upside Target	409.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	363.37
Downside Intraday Target	336.38
Upside Intraday Target	407.67
Upside Intraday Target	424.98
Downside Intraday Target	380.68

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	390.35	364.50	398.00	353.70	0.62 times
25 Fri Oct 2024	357.25	397.90	401.75	346.00	0.397 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

Price has moved up 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
31 Thu Oct 2024	390.35	326.70	409.00	305.00	3.528 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 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 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 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 moving up

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 378.22 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 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.