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 2024-11-06 View latest technical analysis

10 day averaged volume of Ritco Logistics is 101513

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	397.65	399.00	404.40	390.00	0.914 times
05 Tue Nov 2024	390.90	388.85	395.00	385.90	0.862 times
04 Mon Nov 2024	385.80	394.35	397.95	383.25	0.633 times
01 Fri Nov 2024	398.65	395.90	408.00	392.35	0.629 times
31 Thu Oct 2024	390.35	385.90	398.00	377.60	1.666 times
30 Wed Oct 2024	379.05	363.65	385.00	363.55	1.49 times
29 Tue Oct 2024	363.65	368.75	372.40	359.10	0.511 times
28 Mon Oct 2024	366.70	364.50	376.00	353.70	1.1 times
25 Fri Oct 2024	357.25	373.75	379.40	346.00	1.284 times
24 Thu Oct 2024	373.65	372.00	375.00	365.00	0.715 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 394, but if it comes below 394, then a intra day sell could be more profitable.
If you take a sell trade below 394, then use 394 as stoploss and 375.72 as target. However if you take a buy trade in stock , then use 394 as stoploss and 415.9 as target.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	290.00
Downside Target	305.00
Downside Target	345.00
Downside Target	370.00
Downside Target	383.25
Upside Target	401.75
Upside Target	404.40
Upside Target	408.00
Upside Target	409.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	385.8
Downside Intraday Target	373.95
Upside Intraday Target	406.95
Upside Intraday Target	416.25
Downside Intraday Target	395.1

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	397.65	394.35	404.40	383.25	0.447 times
01 Fri Nov 2024	398.65	364.50	408.00	353.70	0.702 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

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
06 Wed Nov 2024	397.65	395.90	408.00	383.25	0.069 times
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

Scroll below to view daily charts

Price has moved up 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 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 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 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 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 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 380 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.