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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 2024-12-26 View latest technical analysis

10 day averaged volume of Rite Zone is 4800

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	45.75	47.00	47.00	45.75	0.667 times
24 Tue Dec 2024	48.00	50.90	50.90	48.00	0.667 times
19 Thu Dec 2024	50.90	48.00	50.90	48.00	1 times
18 Wed Dec 2024	48.00	46.00	51.40	45.60	2 times
16 Mon Dec 2024	48.10	51.50	51.50	48.10	0.667 times
09 Mon Dec 2024	51.50	51.50	51.50	51.50	0.333 times
03 Tue Dec 2024	51.50	50.70	51.50	50.70	1.667 times
02 Mon Dec 2024	49.35	49.35	49.40	49.35	0.667 times
29 Fri Nov 2024	48.35	47.00	48.35	46.25	1 times
28 Thu Nov 2024	47.20	45.00	47.25	45.00	1.333 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 46.2, but if it comes above 46.2, then a intra day buy could be more profitable.
If you take a sell trade below 46.2, then use 46.2 as stoploss and 43.7 as target. However if you take a buy trade in stock , then use 46.2 as stoploss and 48.23 as target.

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
Upside Target	46.80
Upside Target	48.35
Upside Target	49.35
Upside Target	50.90
Upside Target	51.50
Upside Target	64.00

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	44.03
Downside Intraday Target	42.32
Upside Intraday Target	49.18
Upside Intraday Target	52.62
Upside Intraday Target	47.47

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	45.75	50.90	50.90	45.75	0.364 times
19 Thu Dec 2024	50.90	51.50	51.50	45.60	11 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

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 Thu Dec 2024	45.75	49.35	51.50	45.60	0.697 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 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 Strong 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 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 and SELL signal is strong!

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

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 48.87 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 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.