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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 2024-04-01 View latest technical analysis

10 day averaged volume of Ritco Logistics is 83594

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	236.45	219.00	244.90	217.60	1.078 times
28 Thu Mar 2024	218.20	223.00	225.85	215.10	0.789 times
27 Wed Mar 2024	221.10	217.00	232.90	217.00	2.504 times
26 Tue Mar 2024	214.05	217.95	224.75	209.15	0.69 times
22 Fri Mar 2024	217.85	224.40	225.75	213.55	0.327 times
21 Thu Mar 2024	223.25	226.05	230.80	221.05	0.456 times
20 Wed Mar 2024	225.25	228.05	230.00	220.15	0.478 times
19 Tue Mar 2024	226.85	229.95	230.70	223.15	0.237 times
18 Mon Mar 2024	229.10	222.90	232.40	218.30	0.348 times
15 Fri Mar 2024	222.60	224.05	238.35	213.60	1.39 times

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 242.9 as stoploss in an intra day sell trade for a target of 228.75. However, stock will show a bullish move above 242.9.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	209.15
Downside Target	213.55
Downside Target	229.00
Upside Target	241.80
Upside Target	244.90
Upside Target	255.95
Upside Target	257.40
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	221.07
Downside Intraday Target	205.68
Upside Intraday Target	248.37
Upside Intraday Target	260.28
Downside Intraday Target	232.98

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	236.45	219.00	244.90	217.60	0.271 times
28 Thu Mar 2024	218.20	217.95	232.90	209.15	2.158 times
22 Fri Mar 2024	217.85	222.90	232.40	213.55	0.255 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

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
01 Mon Apr 2024	236.45	219.00	244.90	217.60	0.067 times
28 Thu Mar 2024	218.20	244.50	257.40	189.15	0.563 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

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 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 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 BUY. Signal strength is Weak 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. 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 and BUY signal is strong.

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 223.21 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 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.