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Stock Trend Analysis Report
Prepared for you on Friday, March 24, 2023.
Ritchie Bros. Auctioneers Incorporated (NYSE:RBA)
Countertrend Down (-85) - RBA is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RBA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBA.
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 RBA
The long-term trend has been DOWN since Oct 7th, 2022 at 60.37
The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 59.64
The short-term trend has been UP since Mar 22nd, 2023 at 54.05
Smart Scan Analysis for RBA
Based on our trend formula, RBA is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 54.27 | 55.51 | 54.16 | 54.24 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 54.21 | 3345342 | 2023-03-23 15:59:51 |
| Year High | 38.77 | Year High Date | 2018-08-21 |
| Year Low | 29.64 | Year Low Date | 2018-01-02 |
| 52wk High | 72.73 | 52wk High Date | 2022-08-04 |
| 52wk Low | 48.72 | 52wk Low Date | 2022-11-07 |
| Year End Close | 20.89 | Average Volume | 5,538,058 |
| Shares Outstanding | 111,143 | Short Interest | 19,325,576 |
| % Institutional | 86.4 | Market Cap | 4,119M |
| Assets | 286,372,700M | Liabilities | 157,411,800M |
| P/E Ratio | 18.9546 | Beta | 1.1 |
| Volatility | 26.63 |