Stock Trend Analysis Report
Prepared for you on Wednesday, November 29, 2023.
MINERALRITE CORP (NASDAQ:RITE)
Countertrend Up (+85) - RITE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 Jul 11th, 2023 at 0.0007
The intermediate-term trend has been UP since Nov 6th, 2023 at 0.0003
The short-term trend has been DOWN since Nov 21st, 2023 at 0.0005
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).
|Year High||0.0002||Year High Date||2018-01-12|
|Year Low||0.000001||Year Low Date||2018-08-28|
|52wk High||0.0017||52wk High Date||2022-12-05|
|52wk Low||0.0002||52wk Low Date||2023-11-06|
|Year End Close||0.43||Average Volume||25,902,634|