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Stock Trend Analysis Report

Prepared for you on Thursday, June 20, 2024.

Red Cat Holdings, Inc. (NASDAQ:RCAT)

Long-Term Uptrend (+90) - RCAT is in a strong uptrend that is likely to continue. While RCAT 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 RCAT?

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

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

NASDAQ_RCAT
Open High Low RCAT Price Change
1.17 1.18 1.00 1.02 -0.10
Entry Signal

MarketClub’s Trade Triangles for RCAT

long term up The long-term trend has been UP since Apr 10th, 2024 at 0.9100

intermediate term up The intermediate-term trend has been UP since Jun 17th, 2024 at 1.1200

short term up The short-term trend has been UP since Jun 12th, 2024 at 0.9699

Smart Scan Analysis for RCAT

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

+90
Smart Scan Analysis for RCAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.17 1.18 1.00 1.02 -0.10
Prev. Close Volume Bid Ask Time
1.02 540025 2024-06-18 15:59:16
52wk High1.6552wk High Date2024-04-30
52wk Low0.52552wk Low Date2023-12-07
Average Volume427,433Shares Outstanding74,282
Assets55,317,199MLiabilities5,744,486M
P/E Ratio-9.18180000
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