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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Ryde Group Ltd. (AMEX:RYDE)
Bull Market Weakness (+75) - RYDE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RYDE as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RYDE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYDE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RYDE
The long-term trend has been DOWN since Mar 25th, 2024 at 4.05
The intermediate-term trend has been UP since Apr 17th, 2024 at 4.86
The short-term trend has been UP since Apr 29th, 2024 at 3.73
Smart Scan Analysis for RYDE
Based on our trend formula, RYDE is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6.38 | 7.50 | 6.35 | 7.40 | +1.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6.06 | 387301 | 2024-05-08 14:44:50 |
| 52wk High | 8.12 | 52wk High Date | 2024-03-12 |
| 52wk Low | 2.0202 | 52wk Low Date | 2024-04-10 |
| Average Volume | 362,027 |