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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 2024-10-30 View latest technical analysis

10 day averaged volume of Rite Zone is 30400

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	47.15	47.15	47.15	47.15	0.053 times
29 Tue Oct 2024	47.00	49.00	49.00	47.00	0.158 times
28 Mon Oct 2024	49.50	49.00	50.00	49.00	0.105 times
25 Fri Oct 2024	48.35	52.10	52.10	47.30	1 times
23 Wed Oct 2024	53.00	51.15	53.05	51.15	0.263 times
22 Tue Oct 2024	54.95	57.60	57.60	53.35	0.789 times
21 Mon Oct 2024	61.40	57.50	63.80	57.50	1.474 times
18 Fri Oct 2024	58.00	64.00	64.00	58.00	1.053 times
17 Thu Oct 2024	59.90	55.50	63.45	55.50	3.158 times
16 Wed Oct 2024	53.95	50.95	54.00	50.95	0.789 times

My analysis of stock is bearish for shortterm, and stock might move down till 44.1 or till 37.5. Use a stoploss of 49.6 and if the stock hits stoploss, then it can shoot up till 55.1

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	37.85
Downside Target	39.00
Downside Target	40.55
Downside Target	43.10
Downside Target	45.90
Upside Target	47.90
Upside Target	49.75
Upside Target	50.00
Upside Target	63.80
Upside Target	64.00

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	46.1
Downside Intraday Target	45.05
Upside Intraday Target	49.1
Upside Intraday Target	51.05
Upside Intraday Target	48.05

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	47.15	49.00	50.00	47.00	0.09 times
25 Fri Oct 2024	48.35	57.50	63.80	47.30	0.482 times
18 Fri Oct 2024	58.00	47.45	64.00	46.40	15.444 times
11 Fri Oct 2024	46.90	43.70	47.90	43.65	0.333 times
04 Fri Oct 2024	45.00	43.30	47.90	43.10	3.375 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
30 Wed Oct 2024	47.15	45.75	64.00	43.10	3.687 times
30 Mon Sep 2024	43.30	44.50	47.40	40.55	0.67 times
30 Fri Aug 2024	45.00	43.40	46.80	37.85	1.389 times
31 Wed Jul 2024	40.60	43.95	45.90	39.00	1.014 times

Scroll below to view daily charts

Price has moved up 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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

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

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 moving up

CCI has generated a SELL signal for Rite Zone in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 57.01 and Rite Zone (RITEZONE_SM) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 positive

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