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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 2024-03-27 View latest technical analysis

10 day averaged volume of Rite Zone is 13280

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	39.95	40.05	41.75	39.50	2.169 times
26 Tue Mar 2024	42.25	45.00	45.00	41.55	2.41 times
22 Fri Mar 2024	44.45	45.00	46.90	43.90	0.964 times
21 Thu Mar 2024	45.05	46.45	46.45	45.05	0.482 times
20 Wed Mar 2024	46.45	47.00	47.00	46.45	0.482 times
19 Tue Mar 2024	45.00	47.20	47.20	44.25	1.446 times
18 Mon Mar 2024	45.90	44.50	46.50	44.50	0.361 times
15 Fri Mar 2024	46.30	46.00	48.95	45.00	0.964 times
14 Thu Mar 2024	48.40	43.95	48.50	43.95	0.843 times
13 Wed Mar 2024	43.95	42.20	52.00	42.20	1.687 times

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

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 40.5, for a target of 44.2 or 47.35

Share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Target	39.50
Upside Target	42.20
Upside Target	43.90
Upside Target	45.00
Upside Target	47.20
Upside Target	48.25
Upside Target	52.30
Upside Target	56.00
Upside Target	58.50
Upside Target	60.25
Upside Target	63.50
Upside Target	69.00
Upside Target	74.90
Upside Target	76.90

Intraday share price targets for Rite Zone (RITEZONE_SM)

Target Type	Value
Downside Intraday Target	37.97
Downside Intraday Target	35.98
Upside Intraday Target	43.47
Upside Intraday Target	46.98
Upside Intraday Target	41.48

Weekly technical analysis of Rite Zone (RITEZONE_SM)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	39.95	45.00	45.00	39.50	1.226 times
22 Fri Mar 2024	44.45	44.50	47.20	43.90	0.66 times
15 Fri Mar 2024	46.30	53.45	53.45	42.20	3.917 times
07 Thu Mar 2024	49.00	50.55	52.50	48.65	0.364 times
02 Sat Mar 2024	50.55	52.30	52.30	48.25	1.941 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
27 Wed Mar 2024	39.95	51.90	53.45	39.50	0.453 times
29 Thu Feb 2024	48.60	62.00	63.50	48.25	0.73 times
31 Wed Jan 2024	62.00	64.00	74.90	60.25	1.678 times
29 Fri Dec 2023	62.75	64.10	69.00	58.50	0.419 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 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 but buying is losing 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 43.75 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.