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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Reservoir Media, Inc.. (NASDAQ:RSVR)
Sidelines Mode (+55) - RSVR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RSVR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSVR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RSVR
The long-term trend has been UP since Oct 5th, 2023 at 6.14
The intermediate-term trend has been UP since Apr 25th, 2024 at 8.39
The short-term trend has been DOWN since May 2nd, 2024 at 8.66
Smart Scan Analysis for RSVR
Based on our trend formula, RSVR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.51 | 8.56 | 8.30 | 8.32 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.51 | 272915 | 2024-05-09 14:01:53 |
| 52wk High | 9.205 | 52wk High Date | 2024-04-26 |
| 52wk Low | 5.19 | 52wk Low Date | 2023-08-10 |
| Average Volume | 83,440 | Shares Outstanding | 64,822 |
| Assets | 787,343,642M | Liabilities | 437,521,801M |
| P/E Ratio | 2127.5 |