Stock Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
MINERALRITE CORP (NASDAQ:RITE)
Sidelines Mode (+55) - RITE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 5th, 2019 at 0.00015
The intermediate-term trend has been UP since Oct 6th, 2020 at 0.00010
The short-term trend has been DOWN since Oct 12th, 2020 at 0.00005
Smart Scan Analysis for RITE
Based on our trend formula, RITE is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0002||Year High Date||2018-01-12|
|Year Low||0.000001||Year Low Date||2018-08-28|
|52wk High||0.002||52wk High Date||2020-10-06|
|52wk Low||0.000001||52wk Low Date||2020-10-30|
|Year End Close||0.43||Average Volume||5,800,501|