Stock Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
Royalty Management Holding Corporation - Class A (NASDAQ:RMCO)
Bear Market Rally (-75) - RMCO is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RMCO as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RMCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMCO
The long-term trend has been DOWN since Nov 9th, 2023 at 5.3001
The intermediate-term trend has been DOWN since Nov 9th, 2023 at 5.3001
The short-term trend has been UP since Dec 8th, 2023 at 3.2800
Smart Scan Analysis for RMCO
Based on our trend formula, RMCO is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||22.9693||52wk High Date||2023-11-06|
|52wk Low||2.9||52wk Low Date||2023-12-07|
|Average Volume||50,103||Shares Outstanding||742|