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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
VanEck Inflation Allocation ETF (PACF:RAAX)
Bull Market Weakness (+75) - RAAX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RAAX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RAAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAAX.
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 RAAX
The long-term trend has been UP since Dec 15th, 2023 at 26.4700
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 26.9100
The short-term trend has been UP since May 6th, 2024 at 26.9799
Smart Scan Analysis for RAAX
Based on our trend formula, RAAX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.0900 | 27.2900 | 27.0900 | 27.2450 | +0.0608 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.1842 | 6106 | 2024-05-09 09:53:17 |
| Year High | 26.7442 | Year High Date | 2018-05-22 |
| Year Low | 24.54 | Year Low Date | 2018-11-01 |
| 52wk High | 28.05 | 52wk High Date | 2024-04-12 |
| 52wk Low | 24 | 52wk Low Date | 2023-05-31 |
| Average Volume | 18,346 | Shares Outstanding | 3,200 |
| Volatility | 6.11 |