Stock Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
ROCKETFUEL BLOCKCHAIN INC (NASDAQ:RKFL)
Long-Term Uptrend (+90) - RKFL is in a strong uptrend that is likely to continue. While RKFL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RKFL?
MarketClub looks at technical strength and momentum to determine if the timing is right for RKFL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RKFL
The long-term trend has been UP since May 8th, 2023 at 0.15990
The intermediate-term trend has been UP since May 8th, 2023 at 0.14045
The short-term trend has been UP since May 23rd, 2023 at 0.11990
Smart Scan Analysis for RKFL
Based on our trend formula, RKFL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10||Year High Date||2018-06-29|
|Year Low||6.25||Year Low Date||2018-04-12|
|52wk High||0.328||52wk High Date||2022-07-28|
|52wk Low||0.051||52wk Low Date||2022-12-23|
|Average Volume||43,706||Shares Outstanding||32,427|