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Stock Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

RUSSEL METALS INC (NASDAQ:RUSMF)

Long-Term Downtrend (-90) - RUSMF is in a strong downtrend that is likely to continue. While RUSMF 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 RUSMF?

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

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

NASDAQ_RUSMF
Open High Low RUSMF Price Change
28.57 28.57 28.57 28.57 +0.68
Entry Signal

MarketClub’s Trade Triangles for RUSMF

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 30.98

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 31.32

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 31.32

Smart Scan Analysis for RUSMF

Based on our trend formula, RUSMF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RUSMF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.57 28.57 28.57 28.57 +0.68
Prev. Close Volume Bid Ask Time
28.57 100 2024-05-03 12:56:00
Year High25.5477Year High Date2018-01-29
Year Low16.96Year Low Date2018-11-27
52wk High3552wk High Date2024-02-15
52wk Low24.3452wk Low Date2023-10-25
Year End Close27.573Average Volume1,667
Shares Outstanding60,103% Institutional36.2
Assets259,070,000MLiabilities913,600,000M
P/E Ratio8.5369Beta1.38
Volatility30.68
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