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Rite Aid Technical Analysis

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RAD -- USA Stock  

Earning Report: April 9, 2020  

As of the 31rd of March Rite Aid holds Coefficient Of Variation of 2942.43, Risk Adjusted Performance of 0.1325 and Semi Deviation of 8.61. Compared with Fundamental Indicators, Macroaxis technical analysis interface allows you to check existing technical drivers of Rite Aid as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data or the prices will eventually revert. We found nineteen technical drivers for Rite Aid, which can be compared to its competitors. Please check Rite Aid Value At Risk as well as the relationship between Semi Variance and Kurtosis to decide if Rite Aid is priced some-what accurately providing market reflects its current price of 15.0 per share. Given that Rite Aid has Jensen Alpha of 0.5405, we recommend you check out Rite Aid recent market performance to make sure the company can sustain itself at future point.
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Target PriceAdvice# of Analysts
12.0Sell2Odds
Rite Aid Corporation current and past analyst recommendations published by number of research institutions as well as average analyst consensus
Rite Aid Analyst Advice  

Rite Aid Technical Analysis

Indicator
The output start index for this execution was one with a total number of output elements of sixty. The True Range is a measure of Rite Aid volatility developed by Welles Wilder. View also all equity analysis or get more info about true range volatility indicators indicator.

Rite Aid Trend Analysis

Use this graph to draw trend lines for Rite Aid Corporation. You can use it to identify possible trend reversals for Rite Aid as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Rite Aid price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Rite Aid Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Rite Aid Corporation applied against its price change over selected period. The best fit line has a slop of   0.07  which may imply that Rite Aid Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 175.76, which is the sum of squared deviations for the predicted Rite Aid price change compared to its average price change.

Rite Aid March 31, 2020 Technical Indicators

Rite Aid March 31, 2020 Daily Price Condition

Additionally, take a look at Your Equity Center. Please also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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