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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Richtech Robotics Inc. (NASDAQ:RR)
Long-Term Downtrend (-90) - RR is in a strong downtrend that is likely to continue. While RR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RR
The long-term trend has been DOWN since Jan 26th, 2024 at 4.15
The intermediate-term trend has been DOWN since Apr 18th, 2024 at 1.35
The short-term trend has been DOWN since May 6th, 2024 at 1.31
Smart Scan Analysis for RR
Based on our trend formula, RR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.320 | 1.339 | 1.240 | 1.315 | +0.015 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.290 | 73959 | 2024-05-07 15:58:00 |
| 52wk High | 12.29 | 52wk High Date | 2024-01-24 |
| 52wk Low | 1.16 | 52wk Low Date | 2024-04-25 |
| Average Volume | 139,259 | Shares Outstanding | 21,288 |