(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 75762
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 260.80 | 266.50 | 266.70 | 258.10 | 0.46 times |
| 16 Thu May 2024 | 264.25 | 262.40 | 271.00 | 262.35 | 0.864 times |
| 15 Wed May 2024 | 260.55 | 265.55 | 268.70 | 248.05 | 2.876 times |
| 14 Tue May 2024 | 265.75 | 252.70 | 267.35 | 248.00 | 1.62 times |
| 13 Mon May 2024 | 252.70 | 248.00 | 253.65 | 245.40 | 0.481 times |
My analysis of stock is bearish for shortterm, and stock might move down till 253 or till 243.4. Use a stoploss of 261.04 and if the stock hits stoploss, then it can shoot up till 269.05
Share price targets for Ritco Logistics (RITCO)
| Target Type | Value |
| Downside Target | 189.15 |
| Downside Target | 217.60 |
| Downside Target | 230.50 |
| Downside Target | 242.00 |
| Downside Target | 257.40 |
| Upside Target | 268.85 |
| Upside Target | 273.00 |
| Upside Target | 273.90 |
| Upside Target | 282.00 |
| Upside Target | 291.00 |
| Upside Target | 291.90 |
| Upside Target | 309.45 |
Intraday share price targets for Ritco Logistics (RITCO)
| Target Type | Value |
| Downside Intraday Target | 247.13 |
| Downside Intraday Target | 233.47 |
| Upside Intraday Target | 272.73 |
| Upside Intraday Target | 284.67 |
| Downside Intraday Target | 259.07 |
Weekly technical analysis of Ritco Logistics (RITCO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 260.80 | 248.00 | 271.00 | 245.40 | 1.704 times |
| 10 Fri May 2024 | 247.10 | 265.00 | 268.85 | 242.00 | 0.698 times |
| 03 Fri May 2024 | 264.85 | 270.10 | 282.00 | 261.05 | 0.349 times |
| 26 Fri Apr 2024 | 270.10 | 264.95 | 291.00 | 259.05 | 0.61 times |
| 19 Fri Apr 2024 | 261.10 | 242.45 | 291.90 | 230.50 | 11.491 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 |
| 17 Fri May 2024 | 260.80 | 273.00 | 273.00 | 242.00 | 0.242 times |
| 30 Tue Apr 2024 | 269.20 | 219.00 | 291.90 | 217.60 | 2.812 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 |
Price has moved down 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 | 20, 12, 24 | Buy |
| MACD | 6, 6 | Sell |
| Stochastics | 67 | None |
| CCI | 68 | Sell |
| RSI | 51 | Buy |
| OBV | 1109746 | Sell |
| VWAP | 257 | Buy |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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. 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 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 negative zone. This is the SELL 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 257.3 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 falling down
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 has given negative 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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