Stock Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
Ridgestone Mining Inc (CDNX:RMI)
Sidelines Mode (+55) - RMI 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 RMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMI
The long-term trend has been UP since Jan 12th, 2021 at 0.125
The intermediate-term trend has been UP since Mar 29th, 2021 at 0.140
The short-term trend has been DOWN since Apr 27th, 2021 at 0.200
Smart Scan Analysis for RMI
Based on our trend formula, RMI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.48||Year High Date||2018-05-10|
|Year Low||0.19||Year Low Date||2018-06-12|
|52wk High||0.48||52wk High Date||2018-05-10|
|52wk Low||0.19||52wk Low Date||2018-06-12|