Stock Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
RCM Technologies, Inc (NASDAQ:RCMT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 RCMT
The long term trend has been DOWN since Feb 6th, 2018 at 5.801
The intermediate term trend has been UP since Dec 12th, 2018 at 4.300
The short term trend has been DOWN since Dec 14th, 2018 at 3.930
Smart Scan Analysis for RCMT
Based on a pre-defined weighted trend formula for chart analysis, RCMT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||6.55||Year High Date||2018-01-26|
|Year Low||3.41||Year Low Date||2018-10-24|
|52wk High||7.5||52wk High Date||2017-12-19|
|52wk Low||3.41||52wk Low Date||2018-10-24|
|Year End Close||5.15||Average Volume||10,548|
|Shares Outstanding||12,031||Short Interest||18,957|