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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.

Open High Low RBA Price Change
54.27 55.51 54.16 54.24 +0.02
Entry Signal

MarketClub’s Trade Triangles for RBA

long term down The long-term trend has been DOWN since Oct 7th, 2022 at 60.37

intermediate term down The intermediate-term trend has been DOWN since Mar 2nd, 2023 at 59.64

short term up 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).

Smart Scan Analysis for RBA
Strong Downtrend Sideways 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 High38.77Year High Date2018-08-21
Year Low29.64Year Low Date2018-01-02
52wk High72.7352wk High Date2022-08-04
52wk Low48.7252wk Low Date2022-11-07
Year End Close20.89Average Volume5,538,058
Shares Outstanding111,143Short Interest19,325,576
% Institutional86.4Market Cap4,119M
P/E Ratio18.9546Beta1.1
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