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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 2024-08-02 View latest technical analysis

10 day averaged volume of Rite Zone is 3680

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	41.20	41.20	41.20	41.20	0.435 times
01 Thu Aug 2024	41.45	43.40	43.55	41.45	2.609 times
31 Wed Jul 2024	40.60	42.20	42.20	40.60	0.87 times
30 Tue Jul 2024	42.50	40.05	42.50	40.05	0.87 times
29 Mon Jul 2024	40.05	40.05	40.05	40.05	0.435 times
26 Fri Jul 2024	40.00	40.00	40.00	40.00	0.435 times
24 Wed Jul 2024	39.00	39.00	39.00	39.00	0.435 times
22 Mon Jul 2024	39.00	40.00	40.00	39.00	2.174 times
18 Thu Jul 2024	40.10	40.10	40.10	40.10	0.435 times
15 Mon Jul 2024	40.10	40.10	40.10	40.10	0.435 times

My analysis of stock is bearish for shortterm, and stock might move down till 40 or till 38.4. Use a stoploss of 41.3 and if the stock hits stoploss, then it can shoot up till 42.62

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	39.00
Downside Target	40.00
Upside Target	42.00
Upside Target	42.50
Upside Target	43.55
Upside Target	45.90
Upside Target	49.75
Upside Target	50.90
Upside Target	52.00

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	39.65
Downside Intraday Target	38.1
Upside Intraday Target	43.15
Upside Intraday Target	45.1
Upside Intraday Target	41.6

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	41.20	40.05	43.55	40.05	1.714 times
26 Fri Jul 2024	40.00	40.00	40.00	39.00	3.5 times
18 Thu Jul 2024	40.10	40.10	40.10	40.10	0.143 times
12 Fri Jul 2024	41.10	41.55	42.00	40.40	0.318 times
05 Fri Jul 2024	42.15	43.95	45.90	41.00	1.833 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Rite Zone (RITEZONE_SM)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	41.20	43.40	43.55	41.20	0.097 times
31 Wed Jul 2024	40.60	43.95	45.90	39.00	1.014 times
28 Fri Jun 2024	42.30	43.50	49.75	41.05	1.775 times
31 Fri May 2024	47.65	46.00	50.90	42.50	1.176 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 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 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. 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 but SELL signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.49 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 is giving positive 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.