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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Ritchie Bros Auctioneers (TSE:RBA)

Bull Market Weakness (+75) - RBA is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RBA as it may be in the beginning stages of a reversal.

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

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

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

TSE_RBA
Open High Low RBA Price Change
98.72 100.06 97.35 99.66 +0.78
Entry Signal

MarketClub’s Trade Triangles for RBA

long term up The long-term trend has been UP since Jul 4th, 2023 at 79.84

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 101.49

short term up The short-term trend has been UP since May 8th, 2024 at 99.30

Smart Scan Analysis for RBA

Based on our trend formula, RBA is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for RBA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
98.72 100.06 97.35 99.66 +0.78
Prev. Close Volume Bid Ask Time
98.88 66503 2024-05-09 14:29:10
Year High50.66Year High Date2018-09-04
Year Low37.08Year Low Date2018-01-02
52wk High50.6652wk High Date2018-09-04
52wk Low32.4152wk Low Date2017-12-01
Year End Close20.75Average Volume126,065
Volatility26.18Payment Date2019-06-19
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