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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 2024-03-04 View latest technical analysis

10 day averaged volume of Ritco Logistics is 96724

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	248.30	252.00	255.95	246.20	0.44 times
02 Sat Mar 2024	251.15	254.80	257.40	248.45	0.059 times
01 Fri Mar 2024	249.15	244.50	253.60	244.50	0.35 times
29 Thu Feb 2024	243.25	247.25	248.80	241.25	0.324 times
28 Wed Feb 2024	248.55	255.65	262.25	247.05	1.989 times
27 Tue Feb 2024	252.85	248.00	255.00	244.75	0.816 times
26 Mon Feb 2024	248.85	251.45	255.40	248.00	0.531 times
23 Fri Feb 2024	250.80	251.05	259.50	248.35	1.552 times
22 Thu Feb 2024	249.80	252.65	257.85	248.05	0.791 times
21 Wed Feb 2024	252.65	254.70	265.00	247.00	0.682 times

My analysis of stock is bullish for shortterm, and stock might move up till 251.8 or till 257.1. Use a stoploss of 247.31 and if this stock hits its stoploss, then it can fall down till 242.84

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	232.00
Downside Target	241.25
Upside Target	255.95
Upside Target	259.50
Upside Target	262.25
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	244.35
Downside Intraday Target	240.4
Upside Intraday Target	254.1
Upside Intraday Target	259.9
Upside Intraday Target	250.15

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	248.30	252.00	255.95	246.20	0.108 times
02 Sat Mar 2024	251.15	251.45	262.25	241.25	0.617 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

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
04 Mon Mar 2024	248.30	244.50	257.40	244.50	0.034 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 losing 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ritco Logistics in short term and SELL 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

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