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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)

10 day averaged volume of Ritco Logistics is 98297

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	277.25	290.00	305.00	273.00	5.544 times
07 Thu Dec 2023	287.00	260.50	292.50	255.60	5.649 times
06 Wed Dec 2023	255.30	273.80	273.80	255.00	0.569 times
05 Tue Dec 2023	266.20	263.90	272.30	259.95	1.034 times
04 Mon Dec 2023	259.35	253.80	262.90	246.60	0.297 times
01 Fri Dec 2023	251.45	255.00	258.00	247.55	0.212 times
30 Thu Nov 2023	253.30	259.95	260.75	253.00	0.214 times
29 Wed Nov 2023	259.35	261.05	267.30	257.50	0.268 times
28 Tue Nov 2023	259.65	268.00	268.00	256.50	0.552 times
24 Fri Nov 2023	256.50	253.00	262.35	253.00	0.815 times

Stock of Ritco Logistics (RITCO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 281.9, for a target of 265.1 or 251.2

Share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Target	164.80
Downside Target	185.90
Downside Target	227.50
Downside Target	246.60
Downside Target	253.00
Downside Target	262.35
Downside Target	268.00
Upside Target	287.95
Upside Target	292.80
Upside Target	305.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type	Value
Downside Intraday Target	247.57
Downside Intraday Target	217.88
Upside Intraday Target	305.97
Upside Intraday Target	334.68
Downside Intraday Target	276.28

Weekly technical analysis of Ritco Logistics (RITCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Dec 2023	277.25	253.80	305.00	246.60	10.509 times
01 Fri Dec 2023	251.45	268.00	268.00	247.55	0.785 times
24 Fri Nov 2023	256.50	232.00	262.35	232.00	2.985 times
17 Fri Nov 2023	235.80	244.90	248.95	235.45	0.225 times
10 Fri Nov 2023	237.75	251.15	253.00	227.50	0.213 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
08 Fri Dec 2023	277.25	255.00	305.00	246.60	3.205 times
30 Thu Nov 2023	253.30	240.00	268.00	232.00	0.235 times
14 Mon Aug 2023	233.95	249.55	287.95	227.50	0.374 times
31 Mon Jul 2023	245.05	175.60	292.80	164.80	11.134 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 gaining 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. Bulls are getting tired and bears are picking up momentum.

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

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 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 276.18 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 positive

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