Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Resources Connection, Inc (NASDAQ:RECN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_RECN
Open High Low RECN Price Change
15.770 15.850 15.626 15.720 +0.060
Entry Signal

MarketClub’s Trade Triangles for RECN

long term up The long term trend has been UP since Jan 3rd, 2020 at 17.25

intermediate term down The intermediate term trend has been DOWN since Jan 21st, 2020 at 16.10

short term down The short term trend has been DOWN since Jan 16th, 2020 at 16.20

Smart Scan Analysis for RECN

Based on a pre-defined weighted trend formula for chart analysis, RECN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for RECN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.770 15.850 15.626 15.720 +0.060
Prev. Close Volume Bid Ask Time
16.195 116994 2020-01-28 15:59:30
Year High19.5Year High Date2018-10-04
Year Low13.2Year Low Date2018-07-19
52wk High17.9352wk High Date2019-09-23
52wk Low13.6252wk Low Date2019-10-09
Year End Close11.93Average Volume219,933
Shares Outstanding32,140Short Interest717,087
% Institutional93.4Market Cap536M
Assets496,352,000MLiabilities196,087,000M
P/E Ratio16Beta1.6
Volatility22.85
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