Stock Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Rite Aid Corp (NYSE:RAD)
Sidelines Mode (-55) - RAD 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 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 17.17
The intermediate-term trend has been UP since May 14th, 2021 at 18.90
The short-term trend has been DOWN since Jun 16th, 2021 at 21.66
Smart Scan Analysis for RAD
Based on our trend formula, RAD is rated as a -55 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||1,824,200|
|Shares Outstanding||55,102||Short Interest||48,606,480|
|% Institutional||59.8||Market Cap||520M|