Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
MINERALRITE CORP (NASDAQ:RITE)
Long-Term Downtrend (-90) - RITE is in a strong downtrend that is likely to continue. While RITE is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution 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 Sep 3rd, 2021 at 0.0008
The intermediate-term trend has been DOWN since Oct 14th, 2021 at 0.0005
The short-term trend has been DOWN since Sep 27th, 2021 at 0.0012
Smart Scan Analysis for RITE
Based on our trend formula, RITE is rated as a -90 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||0.0033||52wk High Date||2021-02-11|
|52wk Low||0.000001||52wk Low Date||2020-11-25|
|Year End Close||0.43||Average Volume||31,952,133|