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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P/TSX Income Trust Index (TSE:RTCM)

Countertrend Down (-85) - RTCM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

TSE_RTCM
Open High Low RTCM Price Change
192.26 193.94 191.33 192.02 +0.32
Entry Signal

MarketClub’s Trade Triangles for RTCM

long term down The long-term trend has been DOWN since Jun 22nd, 2023 at 210.55

intermediate term down The intermediate-term trend has been DOWN since Apr 3rd, 2024 at 196.30

short term up The short-term trend has been UP since Apr 19th, 2024 at 186.97

Smart Scan Analysis for RTCM

Based on our trend formula, RTCM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for RTCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
192.26 193.94 191.33 192.02 +0.32
Prev. Close Volume Bid Ask Time
192.02 6557197 2024-04-23 16:00:02
52wk High208.5152wk High Date2018-09-17
52wk Low187.452wk Low Date2018-02-09
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