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Rite Aid Corporation (RAD) - Buy, Sell or Hold?

Sector: Health Care   Sub-Sector: Medical/Nursing Services
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 20 Jan 2017NoneDojiWed, 18 Jan 2017-13.76%
***Stock database and scans are updated around midnight (New York time) every trading day.
7.46 0.00 (0%) Jan 20 4:00pm EST
Open: 8.60 Range: 6.95 - 8.61 Vol: 99.17M Avg Vol: 17.66M
EPS: 0.08 P/E ratio: 94.43 EBITDA: 1.18B Mkt Cap: 7.80B
Analyze "RAD" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 8.41
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 8.38
Last Trade is below the 50 day moving average at 8.06
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 7.67
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of RAD

Stock Trend Analysis - Buy, Sell or Hold "Rite Aid Corporation" (RAD)?

RAD is in a long term downtrend and it has traded about 52% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 17.7M shares changing hands. The 50 day moving average indicates a medium term trading range with a bullish upside inclination. The 20 day moving average is displaying very good strength in RAD. The concern however of the 200 SMA might make RAD susceptible to some profit taking. Objectively, the long term trend is still down and traders will generally sell into rallies. Until the 200 SMA, which is currently at 7.67, is taken out, expect to have quite a lot of resistance above from this point. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "RAD".

The analyst consensus estimates for the 1 year price target for this stock is $8.88* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 20 Jan 2017
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