Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Red Cat Holdings, Inc. (NASDAQ:RCAT)
Long-Term Downtrend (-90) - RCAT is in a strong downtrend that is likely to continue. While RCAT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for RCAT
The long-term trend has been DOWN since Oct 31st, 2023 at 0.8804
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.8558
The short-term trend has been DOWN since Dec 5th, 2023 at 0.8550
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.547400 | 0.599521 | 0.525000 | 0.550100 | -0.210000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.550100 | 2954117 | 2023-12-07 15:59:39 |
| 52wk High | 1.54 | 52wk High Date | 2023-02-06 |
| 52wk Low | 0.76 | 52wk Low Date | 2023-12-06 |
| Average Volume | 105,727 | Shares Outstanding | 55,642 |
| Assets | 71,092,588M | Liabilities | 6,199,621M |
| P/E Ratio | -9.18180000 |