Stock Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
Reservoir Media, Inc.. - Warrant (NASDAQ:RSVRW)
Countertrend Up (+85) - RSVRW is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RSVRW?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSVRW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSVRW
The long-term trend has been UP since Sep 7th, 2021 at 1.49
The intermediate-term trend has been UP since Aug 30th, 2021 at 1.12
The short-term trend has been DOWN since Oct 27th, 2021 at 1.86
Smart Scan Analysis for RSVRW
Based on our trend formula, RSVRW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.8999||52wk High Date||2021-02-19|
|52wk Low||0.7169||52wk Low Date||2021-08-20|