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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 2024-02-20 View latest technical analysis

10 day averaged volume of Ritco Logistics is 96442

Date	Daily Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	252.75	249.95	267.70	246.10	2.912 times
19 Mon Feb 2024	247.95	249.70	254.75	243.90	0.669 times
16 Fri Feb 2024	245.35	238.00	259.50	238.00	1.053 times
15 Thu Feb 2024	238.65	241.50	244.95	236.80	0.517 times
14 Wed Feb 2024	239.50	241.70	243.95	235.40	0.252 times
13 Tue Feb 2024	240.50	240.00	245.00	235.40	0.466 times
12 Mon Feb 2024	240.45	246.00	248.20	237.85	0.546 times
09 Fri Feb 2024	245.50	252.85	253.10	241.25	0.804 times
08 Thu Feb 2024	250.25	254.00	268.00	249.05	2.64 times
07 Wed Feb 2024	249.85	268.10	272.05	246.05	1.329 times

Stock of Ritco Logistics (RITCO) has showed a significant upmove. This could be a good time to enter in this stock!

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 255.8 as stoploss in an intra day sell trade for a target of 248.35. However, stock will show a bullish move above 255.8.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	227.50
Downside Target	241.25
Upside Target	259.50
Upside Target	267.70
Upside Target	268.00
Upside Target	273.90
Upside Target	282.15
Upside Target	287.95
Upside Target	305.00
Upside Target	309.45

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	241.87
Downside Intraday Target	230.98
Upside Intraday Target	265.67
Upside Intraday Target	278.58
Upside Intraday Target	254.78

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Tue Feb 2024	252.75	249.70	267.70	243.90	1.264 times
16 Fri Feb 2024	245.35	246.00	259.50	235.40	0.328 times
09 Fri Feb 2024	245.50	255.05	273.90	241.25	1.011 times
02 Fri Feb 2024	251.25	249.90	262.80	233.10	3.128 times
25 Thu Jan 2024	249.50	276.40	282.15	246.60	0.594 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
20 Tue Feb 2024	252.75	251.60	273.90	235.40	0.56 times
31 Wed Jan 2024	248.35	272.00	309.45	233.10	1.253 times
29 Fri Dec 2023	268.70	255.00	305.00	241.80	6.132 times
30 Thu Nov 2023	253.30	240.00	268.00	232.00	0.235 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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

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 248.25 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.