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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 2024-03-01 View latest technical analysis

10 day averaged volume of Ritco Logistics is 109380

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	249.15	244.50	253.60	244.50	0.309 times
29 Thu Feb 2024	243.25	247.25	248.80	241.25	0.287 times
28 Wed Feb 2024	248.55	255.65	262.25	247.05	1.759 times
27 Tue Feb 2024	252.85	248.00	255.00	244.75	0.722 times
26 Mon Feb 2024	248.85	251.45	255.40	248.00	0.47 times
23 Fri Feb 2024	250.80	251.05	259.50	248.35	1.373 times
22 Thu Feb 2024	249.80	252.65	257.85	248.05	0.7 times
21 Wed Feb 2024	252.65	254.70	265.00	247.00	0.603 times
20 Tue Feb 2024	252.75	249.95	267.70	246.10	2.568 times
19 Mon Feb 2024	247.95	249.70	254.75	243.90	0.59 times

My analysis of stock is bullish for shortterm, and stock might move up till 254.8 or till 262.4. Use a stoploss of 248.46 and if this stock hits its stoploss, then it can fall down till 242.11

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	232.00
Downside Target	241.25
Upside Target	253.60
Upside Target	259.50
Upside Target	262.25
Upside Target	262.80
Upside Target	267.70
Upside Target	268.00
Upside Target	273.90
Upside Target	305.00
Upside Target	309.45

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	239.52
Downside Intraday Target	229.88
Upside Intraday Target	260.52
Upside Intraday Target	271.88
Upside Intraday Target	250.88

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	249.15	251.45	262.25	241.25	0.608 times
23 Fri Feb 2024	250.80	249.70	267.70	243.90	2.335 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

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
01 Fri Mar 2024	249.15	244.50	253.60	244.50	0.014 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
29 Fri Dec 2023	268.70	255.00	305.00	241.80	6.132 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 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 short 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.

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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Ritco Logistics in short term but BUY signal is weak.

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 250.55 and Ritco Logistics (RITCO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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