Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO)

Sidelines Mode (-55) - ROMO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

BATS_ROMO
Open High Low ROMO Price Change
25.8348 25.8600 25.7800 25.7900 -0.0448
Entry Signal

MarketClub’s Trade Triangles for ROMO

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 27.57

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2022 at 25.88

short term down The short-term trend has been DOWN since Aug 2nd, 2022 at 25.93

Smart Scan Analysis for ROMO

Based on our trend formula, ROMO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for ROMO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.8348 25.8600 25.7800 25.7900 -0.0448
Prev. Close Volume Bid Ask Time
25.8348 10121 2022-08-11 15:57:43
52wk High30.6152wk High Date2021-12-28
52wk Low23.7352wk Low Date2022-05-13
Average Volume7,953
Get a free daily analysis and signals for Strategy Shares Newfound/ReSolve Robust Momentum ETF (ROMO) - Request Your Free Report.