Stock Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
ROCKETFUEL BLOCKCHAIN INC (NASDAQ:RKFL)
Bear Market Rally (-75) - RKFL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RKFL as it may be in the beginning of a reversal.
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 DOWN since Jun 21st, 2021 at 1.200
The intermediate-term trend has been UP since Jan 7th, 2022 at 0.380
The short-term trend has been DOWN since Jan 13th, 2022 at 0.345
Smart Scan Analysis for RKFL
Based on our trend formula, RKFL is rated as a -75 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||5.75||52wk High Date||2021-04-07|
|52wk Low||0.205||52wk Low Date||2021-12-16|
|Average Volume||121,516||Shares Outstanding||31,975|