Stock Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
Redbox Entertainment Inc. - Class A (NASDAQ:RDBX)
Countertrend Down (-85) - RDBX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RDBX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RDBX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RDBX
The long-term trend has been DOWN since Nov 2nd, 2021 at 12.37
The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 12.37
The short-term trend has been UP since Dec 8th, 2021 at 10.62
Smart Scan Analysis for RDBX
Based on our trend formula, RDBX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||27.22||52wk High Date||2021-10-26|
|52wk Low||9.12||52wk Low Date||2021-10-15|
|Average Volume||320,568||Shares Outstanding||17,969|