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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Rbc Canadian Bank Yield Index ETF (TSE:RBNK)

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

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

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

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

TSE_RBNK
Open High Low RBNK Price Change
24.30 24.42 24.30 24.42 +0.09
Entry Signal

MarketClub’s Trade Triangles for RBNK

long term up The long-term trend has been UP since Dec 13th, 2023 at 22.54

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 24.30

short term up The short-term trend has been UP since May 6th, 2024 at 23.98

Smart Scan Analysis for RBNK

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

+75
Smart Scan Analysis for RBNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.30 24.42 24.30 24.42 +0.09
Prev. Close Volume Bid Ask Time
24.33 8115 2024-05-09 09:53:05
Year High21.39Year High Date2018-01-22
Year Low19.05Year Low Date2018-10-26
52wk High21.3952wk High Date2018-01-22
52wk Low19.0552wk Low Date2018-10-26
Average Volume26,779Volatility13.98
Payment Date2019-08-30
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