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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 2024-03-19 View latest technical analysis

10 day averaged volume of Ritco Logistics is 85548

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	226.85	229.95	230.70	223.15	0.232 times
18 Mon Mar 2024	229.10	222.90	232.40	218.30	0.34 times
15 Fri Mar 2024	222.60	224.05	238.35	213.60	1.358 times
14 Thu Mar 2024	224.05	191.20	231.70	190.05	2.719 times
13 Wed Mar 2024	193.15	214.00	216.40	189.15	1.343 times
12 Tue Mar 2024	215.85	234.10	234.10	210.30	1.009 times
11 Mon Mar 2024	230.65	244.00	244.00	228.35	0.634 times
07 Thu Mar 2024	242.70	237.80	248.00	235.40	0.516 times
06 Wed Mar 2024	239.05	248.70	248.70	229.00	0.85 times
05 Tue Mar 2024	246.25	249.45	254.00	242.60	0.733 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 223 as stoploss in an intra day buy trade for a target of 238.28. However, stock will show a bearish move below 223.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	218.30
Upside 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	219.3
Downside Intraday Target	211.75
Upside Intraday Target	233.4
Upside Intraday Target	239.95
Downside Intraday Target	225.85

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	226.85	222.90	232.40	218.30	0.081 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
19 Tue Mar 2024	226.85	244.50	257.40	189.15	0.381 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 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 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 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 coming down

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 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 223.38 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.