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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.
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MarketClub’s Trade Triangles for RAD
The long-term trend has been DOWN since Sep 29th, 2022 at 5.3700
The intermediate-term trend has been DOWN since Mar 3rd, 2023 at 3.4407
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).
| 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 High | 2.55 | Year High Date | 2018-01-12 |
| Year Low | 0.98 | Year Low Date | 2018-10-19 |
| 52wk High | 11.605 | 52wk High Date | 2022-08-11 |
| 52wk Low | 2.05 | 52wk Low Date | 2023-03-24 |
| Year End Close | 1.36 | Average Volume | 3,303,346 |
| Shares Outstanding | 56,523 | Short Interest | 48,606,480 |
| % Institutional | 59.8 | Market Cap | 520M |
| Assets | 820,977,400M | Liabilities | 861,350,800M |
| P/E Ratio | -10.65680000 | Beta | 1.61 |
| Volatility | 58.83 |