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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Renaissance IPO ETF (PACF:IPO)
Bull Market Weakness (+75) - IPO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IPO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid IPO?
MarketClub looks at technical strength and momentum to determine if the timing is right for IPO.
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 IPO
The long-term trend has been UP since Dec 1st, 2023 at 34.3650
The intermediate-term trend has been UP since May 6th, 2024 at 39.2100
The short-term trend has been DOWN since May 9th, 2024 at 38.4801
Smart Scan Analysis for IPO
Based on our trend formula, IPO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 38.7900 | 38.8000 | 38.4338 | 38.5600 | -0.1800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 38.7400 | 21664 | 2024-05-09 14:29:04 |
| Year High | 31.6708 | Year High Date | 2018-06-18 |
| Year Low | 24.42 | Year Low Date | 2018-11-20 |
| 52wk High | 42.4 | 52wk High Date | 2024-03-21 |
| 52wk Low | 28.38 | 52wk Low Date | 2023-05-25 |
| Average Volume | 39,109 | Volatility | 33.54 |