RITE AID CORP (RAD)

US7677548726 - Common Stock

0.6483  -0.13 (-16.81%)

Premarket: 0.6121 -0.04 (-5.58%)

Technical Rating and Analysis

0

Taking everything into account, RAD scores 0 out of 10 in our technical rating. RAD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, RAD is a bad performer in the overall market: 97% of all stocks are doing better.
RAD is part of the Consumer Staples Distribution & Retail industry. There are 41 other stocks in this industry, of which 82% are performing better than RAD.
RAD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so RAD is lagging the market.
RAD has an average volume of 7962300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month RAD has a been trading in the 0.38 - 0.96 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
RAD Weekly chart
RAD Daily chart
Setup Rating and Analysis

3

The technical rating of RAD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

0.64

1.06

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 1.04 to 1.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.23
Mansfield-7.72
10 Day High0.96
10 Day Low0.41
20 Day High0.96
20 Day Low0.38
52 Week High7.37
52 Week Low0.38
Performance
1 Week19.83%
2 Weeks44.71%
1 Month-2.92%
3 Month-57.9%
6 Month-73.54%
12 Month-83.2%
2 Year-95.23%
3 Year-92.91%
5 Year-97.3%
10 Year-99.39%
15 Year-93.25%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)46.13
LBB0.33
UBB0.82
RAD Daily chart

RITE AID CORP

NYSE:RAD (10/13/2023, 7:15:35 PM)

Premarket: 0.6121 -0.04 (-5.58%)

0.6483

-0.13 (-16.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-16.81%
1 Week19.83%
2 Weeks44.71%
1 Month-2.92%
3 Month-57.9%
6 Month-73.54%
12 Month-83.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%17.84%
ATR Inc
Range Today0.16
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.96
10 Day Low0.41
20 Day High0.96
20 Day Low0.38
52 Week High7.37
52 Week Low0.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.43M
Volume Incr-0.37%
Vol(5)6.26M
Vol(50)7.96M