Stock Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
SOUTHERN CONCEPTS RES GRP (NASDAQ:RIBS)
Bear Market Rally (-75) - RIBS is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RIBS as it may be in the beginning of a reversal.
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 Oct 5th, 2021 at 0.0320
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 0.0380
The short-term trend has been UP since Oct 15th, 2021 at 0.0413
Smart Scan Analysis for RIBS
Based on our trend formula, RIBS is rated as a -75 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||0.1095||52wk High Date||2021-06-14|
|52wk Low||0.0025||52wk Low Date||2020-11-02|
|Year End Close||2.5||Average Volume||243,871|