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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 145372

Date Daily Closing Price Open High Low Volume
19 Tue Nov 2024 393.00 383.00 403.85 379.60 1.038 times
18 Mon Nov 2024 379.85 372.00 386.00 361.15 0.764 times
14 Thu Nov 2024 371.05 371.60 384.25 366.35 0.695 times
13 Wed Nov 2024 369.60 388.00 391.20 363.25 1.059 times
12 Tue Nov 2024 387.45 394.40 405.00 385.00 1.012 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 395.6 as stoploss in an intra day sell trade for a target of 382.35. However, stock will show a bullish move above 395.6.

Share price targets for Ritco Logistics (RITCO)

Target Type Value
Downside Target 290.00
Downside Target 305.00
Downside Target 345.00
Downside Target 353.70
Downside Target 361.15
Downside Target 383.25
Downside Target 385.00
Upside Target 403.85
Upside Target 408.00
Upside Target 409.00
Upside Target 410.85
Upside Target 424.00

Intraday share price targets for Ritco Logistics (RITCO)

Target Type Value
Downside Intraday Target 368.15
Downside Intraday Target 343.3
Upside Intraday Target 410.85
Upside Intraday Target 428.7
Downside Intraday Target 386

Weekly technical analysis of Ritco Logistics (RITCO)

Date Weekly Closing Price Open High Low Volume
19 Tue Nov 2024 393.00 372.00 403.85 361.15 0.519 times
14 Thu Nov 2024 371.05 402.75 410.85 363.25 0.673 times
08 Fri Nov 2024 402.75 394.35 424.00 383.25 1.955 times
01 Fri Nov 2024 398.65 363.65 408.00 363.55 1.221 times
30 Wed Oct 2024 379.05 364.50 385.00 353.70 0.403 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 Nov 2024 393.00 395.90 424.00 361.15 0.341 times
31 Thu Oct 2024 390.35 326.70 409.00 305.00 3.647 times
30 Mon Sep 2024 325.35 341.90 345.00 313.10 0.416 times
30 Fri Aug 2024 337.95 355.00 374.75 310.30 0.534 times

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)

Indicator Name Indicator Value Indicator Signal
ADX 23, 16, 17 Buy
MACD 17, 20Sell
Stochastics 31None
CCI 15Buy
RSI 46Sell
OBV 857265Sell
VWAP 391Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 short to mid 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Ritco Logistics in short term but the sell 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. Bears are weakening, and bulls 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 buy signal for Ritco Logistics in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling 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 390.68 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.

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