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Stock Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

Rusoro Mining Ltd (CDNX:RML)

Sidelines Mode (-55) - RML 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 RML?

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

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

CDNX_RML
Open High Low RML Price Change
1.29 1.31 1.28 1.28 -0.01
Entry Signal

MarketClub’s Trade Triangles for RML

long term up The long-term trend has been UP since Apr 12th, 2023 at 0.075

intermediate term down The intermediate-term trend has been DOWN since May 27th, 2024 at 1.230

short term up The short-term trend has been UP since Jul 12th, 2024 at 1.300

Smart Scan Analysis for RML

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

-55
Smart Scan Analysis for RML
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.29 1.31 1.28 1.28 -0.01
Prev. Close Volume Bid Ask Time
1.29 222006 2024-07-12 13:23:34
Year High0.415Year High Date2018-10-22
Year Low0.065Year Low Date2018-01-04
52wk High0.41552wk High Date2018-10-22
52wk Low0.0652wk Low Date2017-12-29
Year End Close0.045Average Volume754,367
Volatility138.56
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