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Rite Aid Corporation technical analysis charts
1. June 20, 2016
RAD: Rite Aid Corporation technical
analysis charts
On Friday, compared to Thursday, price action opened higher (7.83, vs Thursday's
close of 7.81), saw a higher high (7.85, vs Thursday's high of 7.84) and higher low
(7.75, vs Thursday's low of 7.70); and closed lower (7.78, vs Thursday's close of
7.81). The day's range was 10 ticks.
On the DAILY BOLLINGER BANDS CHART below, Friday represents the 1st
consecutive entire day above the middle of the Bollinger Band envelope (7.74).
The Bollinger Bands (7.58-7.89) are pointing higher; and widened from a width of
32 ticks on Thursday to a width of 31 ticks on Friday.
The RSI (48.23) below is in neutral mode between the key 20 (oversold) and 80
(overbought) levels.
2. June 20, 2016
The MACD 12 day moving average is above the MACD 26 day moving average;
both are below zero.
The Slow Stochastics, below, are in positive mode, with the K line above the D
line.
The Commodity Channel Index (63.41), below, is in positive mode above the
oversold -200 level.
On the 20-DAY MOVING AVERAGE ENVELOPE CHART below, price action fell
towards the middle of the 20 day moving average envelope (7.74). The
parameters of the envelope (7.50-7.97) are pointing higher.
3. June 20, 2016
On the 5 AND 20 DAY MOVING AVERAGES CHART below, the 5 day moving
average (7.82, moving down) is above the 20 day moving average (7.74, moving
up), in positive mode. The 3-50 day strip of moving averages ranges from the 20
day moving average (7.74) at the bottom of the range to the 50 day moving
average (7.90) at the top of the range.
The Parabolic Stop and Reverse (7.60) below is in the 16th day of buy mode.
4. June 20, 2016
On the WEEKLY BOLLINGER BANDS CHART below, last week represents the 1st
consecutive entire week below the middle of the Bollinger Bands envelope (7.93).
The Bollinger Bands (7.67-8.19) are diverging; expanding from a width of 52 ticks
on Thursday to a width of 52 ticks on Friday.