Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Rite Aid Corporation (NYSE:RAD)

Strong Downtrend (-100) - RAD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RAD continues to fall. Traders should use caution and set stops.

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.

Open High Low RAD Price Change
2.20 2.31 2.19 2.22 +0.04
Entry Signal

MarketClub’s Trade Triangles for RAD

long term down The long-term trend has been DOWN since Sep 29th, 2022 at 5.3700

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2023 at 3.4407

short term down The short-term trend has been DOWN since Feb 28th, 2023 at 3.8100

Smart Scan Analysis for RAD

Based on our trend formula, RAD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for RAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.20 2.31 2.19 2.22 +0.04
Prev. Close Volume Bid Ask Time
2.18 1221385 2023-03-28 13:37:47
Year High2.55Year High Date2018-01-12
Year Low0.98Year Low Date2018-10-19
52wk High11.60552wk High Date2022-08-11
52wk Low2.0552wk Low Date2023-03-24
Year End Close1.36Average Volume3,303,346
Shares Outstanding56,523Short Interest48,606,480
% Institutional59.8Market Cap520M
P/E Ratio-10.65680000Beta1.61
Get a free daily analysis and signals for Rite Aid Corporation (RAD) - Request Your Free Report.