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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 2024-12-16 View latest technical analysis

10 day averaged volume of Rite Zone is 5600

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	48.10	51.50	51.50	48.10	0.571 times
09 Mon Dec 2024	51.50	51.50	51.50	51.50	0.286 times
03 Tue Dec 2024	51.50	50.70	51.50	50.70	1.429 times
02 Mon Dec 2024	49.35	49.35	49.40	49.35	0.571 times
29 Fri Nov 2024	48.35	47.00	48.35	46.25	0.857 times
28 Thu Nov 2024	47.20	45.00	47.25	45.00	1.143 times
25 Mon Nov 2024	45.00	45.00	45.00	45.00	0.571 times
21 Thu Nov 2024	44.00	44.30	44.30	44.00	0.571 times
18 Mon Nov 2024	46.00	47.55	47.55	45.00	1.429 times
13 Wed Nov 2024	47.55	48.30	49.30	47.55	2.286 times

My analysis of stock is bearish for shortterm, and stock might move down till 46.2 or till 43.9. Use a stoploss of 48.19 and if the stock hits stoploss, then it can shoot up till 50.15

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	37.85
Downside Target	40.55
Downside Target	43.10
Downside Target	44.00
Downside Target	45.00
Downside Target	46.80
Upside Target	49.35
Upside Target	51.15
Upside Target	51.50
Upside Target	64.00

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	46.97
Downside Intraday Target	45.83
Upside Intraday Target	50.37
Upside Intraday Target	52.63
Upside Intraday Target	49.23

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	48.10	51.50	51.50	48.10	2 times
09 Mon Dec 2024	51.50	51.50	51.50	51.50	0.143 times
03 Tue Dec 2024	51.50	49.35	51.50	49.35	0.778 times
29 Fri Nov 2024	48.35	45.00	48.35	45.00	1.286 times
21 Thu Nov 2024	44.00	47.55	47.55	44.00	0.538 times

Price has moved down 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
16 Mon Dec 2024	48.10	49.35	51.50	48.10	0.303 times
29 Fri Nov 2024	48.35	47.20	51.15	44.00	0.133 times
31 Thu Oct 2024	48.30	45.75	64.00	43.10	3.701 times
30 Mon Sep 2024	43.30	44.50	47.40	40.55	0.67 times

Scroll below to view daily charts

Price has moved down 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the buy signal is strong.

Rite Zone Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 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 47.83 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 positive

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