Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
MINERALRITE CORP (NASDAQ:RITE)
Countertrend Down (-85) - RITE is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RITE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RITE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RITE
The long-term trend has been DOWN since Jan 9th, 2024 at 0.0002
The intermediate-term trend has been DOWN since Jan 9th, 2024 at 0.0004
The short-term trend has been UP since Apr 9th, 2024 at 0.0004
Smart Scan Analysis for RITE
Based on our trend formula, RITE is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0003 | 0.0003 | 0.0003 | 0.0003 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0004 | 1500000 | 2024-05-08 14:37:55 |
| Year High | 0.0002 | Year High Date | 2018-01-12 |
| Year Low | 0.000001 | Year Low Date | 2018-08-28 |
| 52wk High | 0.001 | 52wk High Date | 2023-07-13 |
| 52wk Low | 0.0001 | 52wk Low Date | 2024-01-09 |
| Year End Close | 0.43 | Average Volume | 4,270,443 |
| Shares Outstanding | 2,331,524 | Assets | 0.1M |
| Liabilities | 0.9M | Beta | 0.4 |
| Volatility | 2184.99 |