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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, 17 Nov 2017NoneDojiMon, 13 Nov 20170%
***Stock database and scans are updated around midnight (New York time) every trading day.
1.59 0.00 (0%) Nov 17 4:00pm EST
Open: 1.54 Range: 1.52 - 1.59 Vol: 16.5M Avg Vol: 25.79M
EPS: 0.08 P/E ratio: 19.64 EBITDA: 904.09M Mkt Cap: 1.73B
Analyze "RAD" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 1.54
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 1.60
Last Trade is below the 50 day moving average at 1.92
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 3.25
* 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 very strong downtrend. For the last 52 weeks, RAD has maintained to stay firmly below the 200 day moving average for 84% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for RAD is also extremely bearish and weak, having traded almost 89% of the time below the 50 day moving average. The 20 day moving average is also indicating a very strong downtrend as RAD has been trading below its 20 SMA for 100% of the time in the last 8 weeks. RAD may be overdue for a relief rally but it has to be noted that as RAD is still in a strong downtrend characterized by the 200 SMA, currently at 3.25, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. 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 $2.30* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
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