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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.

NASDAQ_RCAT
Open High Low RCAT Price Change
0.547400 0.599521 0.525000 0.550100 -0.210000
Entry Signal

MarketClub’s Trade Triangles for RCAT

long term down The long-term trend has been DOWN since Oct 31st, 2023 at 0.8804

intermediate term down The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.8558

short term down 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).

-90
Smart Scan Analysis for RCAT
Strong Downtrend Sideways 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 High1.5452wk High Date2023-02-06
52wk Low0.7652wk Low Date2023-12-06
Average Volume105,727Shares Outstanding55,642
Assets71,092,588MLiabilities6,199,621M
P/E Ratio-9.18180000
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