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Stock Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

Rio 2 Ltd (CDNX:RIO)

Long-Term Uptrend (+90) - RIO is in a strong uptrend that is likely to continue. While RIO is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

CDNX_RIO
Open High Low RIO Price Change
0.80 0.80 0.78 0.79 -0.01
Entry Signal

MarketClub’s Trade Triangles for RIO

long term up The long-term trend has been UP since Mar 29th, 2021 at 1.03

intermediate term up The intermediate-term trend has been UP since Mar 29th, 2021 at 0.84

short term up The short-term trend has been UP since May 6th, 2021 at 0.78

Smart Scan Analysis for RIO

Based on our trend formula, RIO is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.80 0.80 0.78 0.79 -0.01
Prev. Close Volume Bid Ask Time
0.79 51959 2021-05-10 15:53:34
Year High1.59Year High Date2018-05-16
Year Low0.465Year Low Date2018-11-29
52wk High1.5952wk High Date2018-05-16
52wk Low0.46552wk Low Date2018-11-29
Average Volume66,471Volatility63.19
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