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Stock Trend Analysis Report

Prepared for you on Sunday, June 4, 2023.

Reservoir Media, Inc.. (NASDAQ:RSVR)

Sidelines Mode (+55) - RSVR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RSVR?

MarketClub looks at technical strength and momentum to determine if the timing is right for RSVR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RSVR
Open High Low RSVR Price Change
6.440 6.670 6.350 6.565 +0.115
Entry Signal

MarketClub’s Trade Triangles for RSVR

long term down The long-term trend has been DOWN since Mar 16th, 2023 at 5.44

intermediate term up The intermediate-term trend has been UP since May 1st, 2023 at 6.72

short term down The short-term trend has been DOWN since May 31st, 2023 at 6.32

Smart Scan Analysis for RSVR

Based on our trend formula, RSVR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RSVR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6.440 6.670 6.350 6.565 +0.115
Prev. Close Volume Bid Ask Time
6.540 37895 2023-06-02 15:59:58
52wk High7.9752wk High Date2022-06-06
52wk Low4.4252wk Low Date2022-10-10
Average Volume48,359Shares Outstanding64,538
Assets720,278,975MLiabilities376,712,183M
P/E Ratio49.6154
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