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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ready Capital Corproation (NYSE:RC)

Long-Term Downtrend (-90) - RC is in a strong downtrend that is likely to continue. While RC is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid RC?

MarketClub looks at technical strength and momentum to determine if the timing is right for RC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_RC
Open High Low RC Price Change
8.500 8.735 8.430 8.580 +0.130
Entry Signal

MarketClub’s Trade Triangles for RC

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 9.3301

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 8.6600

short term down The short-term trend has been DOWN since May 8th, 2024 at 8.6150

Smart Scan Analysis for RC

Based on our trend formula, RC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.500 8.735 8.430 8.580 +0.130
Prev. Close Volume Bid Ask Time
8.450 705089 2024-05-09 10:22:15
Year High17.3Year High Date2018-09-04
Year Low13.55Year Low Date2018-02-14
52wk High11.9752wk High Date2023-07-19
52wk Low8.2552wk Low Date2024-04-16
Average Volume1,364,239Shares Outstanding172,555
Market Cap674MAssets124,412,170M
Liabilities989,291,900MP/E Ratio3.8063
Volatility18.35
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