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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 2024-05-08 View latest technical analysis

10 day averaged volume of Rite Zone is 4000

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	45.95	45.80	45.95	45.80	0.8 times
03 Fri May 2024	49.95	47.00	50.90	47.00	3.6 times
02 Thu May 2024	46.60	46.00	46.60	46.00	0.8 times
26 Fri Apr 2024	44.00	44.00	44.00	44.00	0.4 times
25 Thu Apr 2024	43.55	43.00	43.60	43.00	1.2 times
22 Mon Apr 2024	43.00	43.00	43.00	43.00	0.4 times
19 Fri Apr 2024	43.00	43.00	43.00	43.00	0.4 times
18 Thu Apr 2024	44.00	44.00	44.00	44.00	0.4 times
16 Tue Apr 2024	44.00	44.00	44.00	44.00	0.8 times
15 Mon Apr 2024	44.00	44.00	45.05	43.80	1.6 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 47.2 as stoploss in an intra day sell trade for a target of 44.44. However, stock will show a bullish move above 47.2.

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	38.10
Downside Target	41.05
Downside Target	43.00
Downside Target	44.00
Downside Target	45.00
Upside Target	48.25
Upside Target	50.90
Upside Target	52.00
Upside Target	53.45
Upside Target	60.25
Upside Target	63.50
Upside Target	74.90

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	45.85
Downside Intraday Target	45.75
Upside Intraday Target	46
Upside Intraday Target	46.05
Downside Intraday Target	45.9

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	45.95	45.80	45.95	45.80	0.182 times
03 Fri May 2024	49.95	46.00	50.90	46.00	2.2 times
26 Fri Apr 2024	44.00	43.00	44.00	43.00	0.625 times
19 Fri Apr 2024	43.00	44.00	45.05	43.00	0.571 times
10 Wed Apr 2024	49.40	45.00	52.00	45.00	2 times

Price has moved down 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 Wed May 2024	45.95	46.00	50.90	45.80	0.382 times
26 Fri Apr 2024	44.00	41.05	52.00	41.05	0.211 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

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 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 Rite Zone ( (RITEZONE_SM) ) based on a short to mid 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 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 BUY. Signal strength is Strong 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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Rite Zone in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 46.28 and Rite Zone (RITEZONE_SM) stock is trading below this level. This means that stock is falling with high volumes. 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.