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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Russell Metals Inc (TSE:RUS)

Sidelines Mode (-55) - RUS is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

TSE_RUS
Open High Low RUS Price Change
38.85 39.81 38.85 39.61 +0.55
Entry Signal

MarketClub’s Trade Triangles for RUS

long term down The long-term trend has been DOWN since Apr 10th, 2024 at 41.79

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2024 at 43.55

short term up The short-term trend has been UP since May 2nd, 2024 at 39.59

Smart Scan Analysis for RUS

Based on our trend formula, RUS is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RUS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.85 39.81 38.85 39.61 +0.55
Prev. Close Volume Bid Ask Time
39.63 114883 2024-05-08 15:59:37
Year High32.65Year High Date2018-02-20
Year Low22.48Year Low Date2018-11-27
52wk High32.6552wk High Date2018-02-20
52wk Low22.4852wk Low Date2018-11-27
Year End Close27.61Average Volume227,670
Volatility27.93Payment Date2019-09-16
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