Stock Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
West Red Lake Gold Mines (NASDAQ:RLGMF)
Countertrend Down (-85) - RLGMF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RLGMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RLGMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RLGMF
The long-term trend has been DOWN since Mar 1st, 2021 at 0.0613
The intermediate-term trend has been DOWN since Mar 31st, 2021 at 0.0550
The short-term trend has been UP since May 3rd, 2021 at 0.0645
Smart Scan Analysis for RLGMF
Based on our trend formula, RLGMF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.127||Year High Date||2018-01-05|
|Year Low||0.0334||Year Low Date||2018-09-17|
|52wk High||0.168||52wk High Date||2020-07-01|
|52wk Low||0.0375||52wk Low Date||2020-05-14|