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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.

NASDAQ_RMCO
Open High Low RMCO Price Change
3.41 3.41 3.27 3.33 +0.05
Entry Signal

MarketClub’s Trade Triangles for RMCO

long term down The long-term trend has been DOWN since Nov 9th, 2023 at 5.3001

intermediate term down The intermediate-term trend has been DOWN since Nov 9th, 2023 at 5.3001

short term up 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).

-75
Smart Scan Analysis for RMCO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.41 3.41 3.27 3.33 +0.05
Prev. Close Volume Bid Ask Time
3.28 869 2023-12-11 09:31:44
52wk High22.969352wk High Date2023-11-06
52wk Low2.952wk Low Date2023-12-07
Average Volume50,103Shares Outstanding742
P/E Ratio5.2903
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