Stock Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
RUS AUS SELE (ASX:RCB)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for RCB
The long term trend has been DOWN since Jun 29th, 2017 at 20.23
The intermediate term trend has been DOWN since Sep 15th, 2017 at 20.21
The short term trend has been DOWN since Oct 20th, 2017 at 20.13
Smart Scan Analysis for RCB
Based on a pre-defined weighted trend formula for chart analysis, RCB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||20.8||52wk High Date||2014-11-24|
|52wk Low||20.14||52wk Low Date||2014-07-02|