Stock Trend Analysis Report
Prepared for you on Thursday, March 23, 2023.
SOUTHERN CONCEPTS RES GRP (NASDAQ:RIBS)
Strong Downtrend (-100) - RIBS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RIBS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RIBS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIBS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RIBS
The long-term trend has been DOWN since Mar 8th, 2022 at 0.0180
The intermediate-term trend has been DOWN since Dec 1st, 2022 at 0.0142
The short-term trend has been DOWN since Mar 20th, 2023 at 0.0080
Smart Scan Analysis for RIBS
Based on our trend formula, RIBS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.0067||Year High Date||2018-02-07|
|Year Low||0.001||Year Low Date||2018-04-11|
|52wk High||0.0239||52wk High Date||2022-03-22|
|52wk Low||0.0053||52wk Low Date||2023-02-13|
|Year End Close||2.5||Average Volume||24,986|