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Stock analysis Ritco Logistics Limited RITCO

More indepth analysis on MunafaSutra.com

Moving Averages for Ritco Logistics Limited

  • 5Day Average: 389.74
  • 12Day Average: 391.78
  • 20Day Average: 395.23
  • 50Day Average: 397.63
  • 100Day Average: 367.66
  • 150Day Average: 349.54
  • 200Day Average: 325.41

RITCO Indicators & signals

Indicator MACD (12,26,9)

392.83, 395.05, -1.06
Indicator MACD is in negative zone

Indicator ADX (14)

8.26, 19.77, 23.33
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 44
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RITCO Ritco Logistics Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 381.15 380.15 to 399.10 -4% 0.56 times
09 Thu Jan 2025 397.05 393.35 to 408.00 0.95% 1.4 times
08 Wed Jan 2025 393.30 385.10 to 395.00 0.13% 0.56 times
07 Tue Jan 2025 392.80 381.00 to 404.90 2.19% 1.03 times
06 Mon Jan 2025 384.40 379.35 to 405.50 -3.79% 1.54 times
03 Fri Jan 2025 399.55 395.00 to 411.50 -1.58% 0.87 times
02 Thu Jan 2025 405.95 403.30 to 414.00 1.75% 1.93 times
01 Wed Jan 2025 398.95 385.30 to 404.75 2.66% 0.79 times
31 Tue Dec 2024 388.60 384.05 to 394.70 -1.03% 0.42 times
30 Mon Dec 2024 392.65 379.70 to 395.90 2.2% 1.05 times
27 Fri Dec 2024 384.20 382.20 to 389.80 0.37% 0.42 times
26 Thu Dec 2024 382.80 381.10 to 390.80 -1.54% 0.38 times

Technical analysis forecast for Ritco Logistics Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Ritco Logistics Limited RITCO at this time. Stock is falling and might fall more.

It appears as if Ritco Logistics Limited RITCO gave a large move recently.

Stock of Ritco Logistics Limited (RITCO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Ritco Logistics Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Ritco Logistics Limited stays below 384.7, but if it comes above 384.7, then a intra day buy could be more profitable.
If you take a sell trade below 384.7, then use 384.7 as stoploss and 372.7 as target. However if you take a buy trade in Ritco Logistics Limited, then use 384.7 as stoploss and 394.72 as target.

More indepth analysis on MunafaSutra.com