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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.
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MarketClub’s Trade Triangles for ROMO
The long-term trend has been DOWN since Jan 24th, 2022 at 27.57
The intermediate-term trend has been UP since Jul 26th, 2022 at 25.88
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).
| 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 High | 30.61 | 52wk High Date | 2021-12-28 |
| 52wk Low | 23.73 | 52wk Low Date | 2022-05-13 |
| Average Volume | 7,953 |