Stock Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Regional Health Properties, Inc. (AMEX:RHE)
Sidelines Mode (+50) - RHE is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RHE can gain momentum.
Is it time to buy, sell, or avoid RHE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RHE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RHE
The long-term trend has been DOWN since Aug 17th, 2023 at 2.92
The intermediate-term trend has been UP since Aug 23rd, 2023 at 3.24
The short-term trend has been UP since Sep 26th, 2023 at 2.20
Smart Scan Analysis for RHE
Based on our trend formula, RHE is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.88||Year High Date||2018-03-21|
|Year Low||0.1||Year Low Date||2018-08-17|
|52wk High||4.52||52wk High Date||2023-05-04|
|52wk Low||2.13||52wk Low Date||2023-09-27|
|Average Volume||7,215||Shares Outstanding||1,883|