Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Rite Aid Corporation (NYSE:RAD)
Weak Downtrend (-65) - RAD is showing signs of a strengthening downtrend. Monitor RAD as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RAD
The long-term trend has been DOWN since May 4th, 2021 at 17.1700
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 16.8000
The short-term trend has been UP since Oct 20th, 2021 at 14.8651
Smart Scan Analysis for RAD
Based on our trend formula, RAD is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.55||Year High Date||2018-01-12|
|Year Low||0.98||Year Low Date||2018-10-19|
|52wk High||32.48||52wk High Date||2021-01-28|
|52wk Low||8.855||52wk Low Date||2020-11-02|
|Year End Close||1.36||Average Volume||1,801,323|
|Shares Outstanding||55,771||Short Interest||48,606,480|
|% Institutional||59.8||Market Cap||520M|