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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 2024-06-26 View latest technical analysis

10 day averaged volume of Rite Zone is 7360

Date Daily Closing Price Open High Low Volume
26 Wed Jun 2024 42.50 41.70 42.60 41.65 2.609 times
25 Tue Jun 2024 43.75 42.70 43.75 42.70 0.87 times
24 Mon Jun 2024 42.75 43.50 43.50 42.75 0.435 times
21 Fri Jun 2024 43.50 42.60 43.50 42.60 1.087 times
20 Thu Jun 2024 42.55 44.00 44.00 42.35 1.522 times
19 Wed Jun 2024 44.00 45.00 45.00 43.60 0.87 times
18 Tue Jun 2024 44.00 44.10 44.10 42.70 1.087 times
13 Thu Jun 2024 44.65 43.65 46.25 43.65 1.304 times
12 Wed Jun 2024 45.55 42.60 45.85 42.55 0.87 times
11 Tue Jun 2024 45.00 49.75 49.75 44.00 1.739 times

Stock of Rite Zone (RITEZONE_SM) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 42.7, but if it comes above 42.7, then a intra day buy could be more profitable.
If you take a sell trade below 42.7, then use 42.7 as stoploss and 40.2 as target. However if you take a buy trade in stock , then use 42.7 as stoploss and 44.7 as target.

Share price targets for Rite Zone (RITEZONE_SM)

Target Type Value
Downside Target 38.10
Downside Target 41.05
Upside Target 43.75
Upside Target 45.00
Upside Target 47.70
Upside Target 48.25
Upside Target 49.75
Upside Target 50.90
Upside Target 52.00
Upside Target 53.45
Upside Target 63.50

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type Value
Downside Intraday Target 41.52
Downside Intraday Target 40.53
Upside Intraday Target 43.62
Upside Intraday Target 44.73
Upside Intraday Target 42.63

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date Weekly Closing Price Open High Low Volume
26 Wed Jun 2024 42.50 43.50 43.75 41.65 0.857 times
21 Fri Jun 2024 43.50 44.10 45.00 42.35 1.167 times
13 Thu Jun 2024 44.65 49.75 49.75 42.55 2.25 times
07 Fri Jun 2024 45.00 43.50 45.00 41.05 2 times
31 Fri May 2024 47.65 46.05 47.70 44.00 0.333 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
26 Wed Jun 2024 42.50 43.50 49.75 41.05 1.625 times
31 Fri May 2024 47.65 46.00 50.90 42.50 1.176 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

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL signal for Rite Zone in short term and the sell signal is strong.

Rite Zone Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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 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 43.72 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.

Price action analysis of Rite Zone ( (RITEZONE_SM) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 SELL signal for Rite Zone in short term and the sell signal is strong.

Rite Zone Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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 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 43.72 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.

Click here for Rite Zone charts

Click here for further forecast and predictions for tomorrow

Daily charts

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