Is Ritco Logistics technically bullish or bearish?

Sep 05 2025 08:10 AM IST
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As of September 4, 2025, Ritco Logistics is in a bearish trend with moderate strength, indicated by bearish MACD and Bollinger Bands, despite mixed signals from the KST and a lack of upward momentum in the RSI.
As of 4 September 2025, the technical trend for Ritco Logistics has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include a bearish MACD on the weekly timeframe, bearish Bollinger Bands on both weekly and monthly timeframes, and a bearish moving average on the daily timeframe. The KST shows a bullish signal on the weekly but is mildly bearish monthly, indicating mixed signals in the longer term. Overall, the lack of upward momentum in the RSI and the absence of trends in Dow Theory and OBV further support the bearish outlook.
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