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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)

10 day averaged volume of Ritco Logistics is 242730

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	271.50	266.00	286.00	265.75	1.467 times
23 Tue Apr 2024	265.35	264.40	273.00	259.05	0.613 times
22 Mon Apr 2024	264.35	264.95	279.95	261.00	0.947 times
19 Fri Apr 2024	261.10	252.30	274.90	239.55	2.591 times
18 Thu Apr 2024	252.30	261.05	261.10	250.55	0.309 times
16 Tue Apr 2024	257.20	257.60	270.00	252.55	1.116 times
15 Mon Apr 2024	256.85	242.45	291.90	230.50	3.749 times
12 Fri Apr 2024	243.25	240.00	253.90	240.00	0.438 times
10 Wed Apr 2024	240.70	239.00	248.00	236.20	0.088 times
09 Tue Apr 2024	238.05	239.85	241.20	235.80	0.034 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 259.3, but if it comes below 259.3, then a intra day sell could be more profitable.
If you take a sell trade below 259.3, then use 259.3 as stoploss and 242.95 as target. However if you take a buy trade in stock , then use 259.3 as stoploss and 279 as target.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	209.15
Downside Target	217.60
Downside Target	230.50
Downside Target	241.80
Downside Target	252.45
Downside Target	259.05
Upside Target	273.90
Upside Target	286.00
Upside Target	291.90
Upside Target	305.00
Upside Target	309.45

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	258.37
Downside Intraday Target	245.23
Upside Intraday Target	285.32
Upside Intraday Target	299.13
Upside Intraday Target	272.18

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	271.50	264.95	286.00	259.05	0.39 times
19 Fri Apr 2024	261.10	242.45	291.90	230.50	11.491 times
12 Fri Apr 2024	243.25	238.00	253.90	235.80	0.445 times
05 Fri Apr 2024	237.30	219.00	252.45	217.60	1.108 times
28 Thu Mar 2024	218.20	217.95	232.90	209.15	2.158 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
24 Wed Apr 2024	271.50	219.00	291.90	217.60	2.33 times
28 Thu Mar 2024	218.20	244.50	257.40	189.15	0.563 times
29 Thu Feb 2024	243.25	251.60	273.90	235.40	0.766 times
31 Wed Jan 2024	248.35	272.00	309.45	233.10	1.253 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 neutral. A longer time frame might give a better analysis.

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 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 260 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.