Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-18 View latest technical analysis

10 day averaged volume of Ritco Logistics is 162360

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	252.30	261.05	261.10	250.55	0.461 times
16 Tue Apr 2024	257.20	257.60	270.00	252.55	1.668 times
15 Mon Apr 2024	256.85	242.45	291.90	230.50	5.604 times
12 Fri Apr 2024	243.25	240.00	253.90	240.00	0.654 times
10 Wed Apr 2024	240.70	239.00	248.00	236.20	0.132 times
09 Tue Apr 2024	238.05	239.85	241.20	235.80	0.051 times
08 Mon Apr 2024	238.85	238.00	244.50	237.00	0.173 times
05 Fri Apr 2024	237.30	235.50	242.00	232.90	0.224 times
04 Thu Apr 2024	233.45	248.00	252.45	229.25	0.511 times
03 Wed Apr 2024	247.85	239.60	250.00	239.60	0.54 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 247.7, but if it comes below 247.7, then a intra day sell could be more profitable.
If you take a sell trade below 247.7, then use 247.7 as stoploss and 235.06 as target. However if you take a buy trade in stock , then use 247.7 as stoploss and 262.8 as target.

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	189.15
Downside Target	209.15
Downside Target	213.55
Downside Target	230.50
Downside Target	241.80
Upside Target	252.45
Upside Target	253.90
Upside Target	257.40
Upside Target	273.90
Upside Target	291.90
Upside Target	305.00
Upside Target	309.45

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	224.57
Downside Intraday Target	196.83
Upside Intraday Target	285.97
Upside Intraday Target	319.63
Upside Intraday Target	258.23

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	252.30	242.45	291.90	230.50	7.656 times
12 Fri Apr 2024	243.25	238.00	253.90	235.80	0.445 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Ritco Logistics (RITCO)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	252.30	219.00	291.90	217.60	1.322 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 and the buy 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. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 253.08 and Ritco Logistics (RITCO) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.