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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 2024-03-18 View latest technical analysis

10 day averaged volume of Ritco Logistics is 83212

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	229.10	222.90	232.40	218.30	0.349 times
15 Fri Mar 2024	222.60	224.05	238.35	213.60	1.396 times
14 Thu Mar 2024	224.05	191.20	231.70	190.05	2.795 times
13 Wed Mar 2024	193.15	214.00	216.40	189.15	1.381 times
12 Tue Mar 2024	215.85	234.10	234.10	210.30	1.037 times
11 Mon Mar 2024	230.65	244.00	244.00	228.35	0.652 times
07 Thu Mar 2024	242.70	237.80	248.00	235.40	0.531 times
06 Wed Mar 2024	239.05	248.70	248.70	229.00	0.874 times
05 Tue Mar 2024	246.25	249.45	254.00	242.60	0.754 times
04 Mon Mar 2024	248.30	252.00	255.95	246.20	0.512 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 224.2 as stoploss in an intra day buy trade for a target of 239.58. However, stock will show a bearish move below 224.2.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	218.30
Downside Target	229.00
Upside Target	241.25
Upside Target	255.95
Upside Target	257.40
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	220.8
Downside Intraday Target	212.5
Upside Intraday Target	234.9
Upside Intraday Target	240.7
Downside Intraday Target	226.6

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	229.10	222.90	232.40	218.30	0.048 times
15 Fri Mar 2024	222.60	244.00	244.00	189.15	2.72 times
07 Thu Mar 2024	242.70	252.00	255.95	229.00	0.564 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

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
18 Mon Mar 2024	229.10	244.50	257.40	189.15	0.373 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 down 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Ritco Logistics in short term and the sell 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 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 but BUY signal is weak.

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 224.54 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.