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(RITEZONE_SM) Rite Zone complete technical analysis [charts+indicators] | Buy/Sell Rite Zone | (RITEZONE_SM) share price targets

Complete technical analysis of Rite Zone (RITEZONE_SM) by charts plus indicators, forecast predictions and share price targets for Rite Zone (RITEZONE_SM)

Showing technical analysis as on 2024-04-08 View latest technical analysis

10 day averaged volume of Rite Zone is 14240

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	45.00	45.00	45.00	45.00	0.112 times
04 Thu Apr 2024	43.05	43.05	43.05	43.05	0.112 times
02 Tue Apr 2024	42.85	41.05	43.00	41.05	0.674 times
28 Thu Mar 2024	39.35	39.50	39.65	38.10	1.461 times
27 Wed Mar 2024	39.95	40.05	41.75	39.50	2.022 times
26 Tue Mar 2024	42.25	45.00	45.00	41.55	2.247 times
22 Fri Mar 2024	44.45	45.00	46.90	43.90	0.899 times
21 Thu Mar 2024	45.05	46.45	46.45	45.05	0.449 times
20 Wed Mar 2024	46.45	47.00	47.00	46.45	0.449 times
19 Tue Mar 2024	45.00	47.20	47.20	44.25	1.348 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.5 or till 38.7. Use a stoploss of 45.76 and if the stock hits stoploss, then it can shoot up till 48.98

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	38.10
Downside Target	41.05
Downside Target	42.20
Downside Target	43.05
Downside Target	45.00
Upside Target	47.20
Upside Target	48.25
Upside Target	53.45
Upside Target	58.50
Upside Target	60.25
Upside Target	63.50
Upside Target	69.00
Upside Target	74.90

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	45
Downside Intraday Target	45
Downside Intraday Target	45
Downside Intraday Target	45
Downside Intraday Target	45

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	45.00	45.00	45.00	45.00	0.143 times
04 Thu Apr 2024	43.05	41.05	43.05	41.05	0.137 times
28 Thu Mar 2024	39.35	45.00	45.00	38.10	1.645 times
22 Fri Mar 2024	44.45	44.50	47.20	43.90	0.66 times
15 Fri Mar 2024	46.30	53.45	53.45	42.20	3.917 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 Rite Zone (RITEZONE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	45.00	41.05	45.00	41.05	0.05 times
28 Thu Mar 2024	39.35	51.90	53.45	38.10	0.492 times
29 Thu Feb 2024	48.60	62.00	63.50	48.25	0.73 times
31 Wed Jan 2024	62.00	64.00	74.90	60.25	1.678 times

Scroll below to view daily charts

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 Rite Zone (RITEZONE_SM)

Price action analysis of Rite Zone ( (RITEZONE_SM) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Rite Zone ( (RITEZONE_SM) ) 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 Rite Zone ( (RITEZONE_SM) ) 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 Rite Zone ( (RITEZONE_SM) ) based on a mid to longer 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.

ADX buy sell signal for Rite Zone stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Rite Zone in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Rite Zone 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 stronger in this stock.

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 Rite Zone in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Rite Zone is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.33 and Rite Zone (RITEZONE_SM) 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 Rite Zone (RITEZONE_SM) stock. Volume based technical analysis of Rite Zone (RITEZONE_SM) stock is negative.

Rite Zone Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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