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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 2024-04-05 View latest technical analysis

10 day averaged volume of Ritco Logistics is 77084

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	237.30	235.50	242.00	232.90	0.471 times
04 Thu Apr 2024	233.45	248.00	252.45	229.25	1.076 times
03 Wed Apr 2024	247.85	239.60	250.00	239.60	1.138 times
02 Tue Apr 2024	243.25	237.00	245.55	229.45	0.932 times
01 Mon Apr 2024	236.45	219.00	244.90	217.60	1.169 times
28 Thu Mar 2024	218.20	223.00	225.85	215.10	0.855 times
27 Wed Mar 2024	221.10	217.00	232.90	217.00	2.716 times
26 Tue Mar 2024	214.05	217.95	224.75	209.15	0.748 times
22 Fri Mar 2024	217.85	224.40	225.75	213.55	0.354 times
21 Thu Mar 2024	223.25	226.05	230.80	221.05	0.494 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 239.4 as stoploss in an intra day sell trade for a target of 227.1. However, stock will show a bullish move above 239.4.

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	252.45
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	219.12
Downside Intraday Target	200.93
Upside Intraday Target	253.97
Upside Intraday Target	270.63
Downside Intraday Target	235.78

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	237.30	219.00	252.45	217.60	1.108 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
05 Fri Apr 2024	237.30	219.00	252.45	217.60	0.273 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 neutral. A longer time frame might give a better analysis.

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 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 SELL. 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 SELL signal for Ritco Logistics in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 229.35 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.