Stock Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
Strategy Shares Newfound/ReSolve Robust Momentum ETF (BATS:ROMO)
Weak Downtrend (-65) - ROMO is showing signs of a strengthening downtrend. Monitor ROMO as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for ROMO
The long-term trend has been UP since Jul 7th, 2020 at 21.9700
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 25.6799
The short-term trend has been DOWN since Feb 18th, 2021 at 26.4900
Smart Scan Analysis for ROMO
Based on our trend formula, ROMO is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||26.79||52wk High Date||2021-02-16|
|52wk Low||19.33||52wk Low Date||2020-03-18|