Stock Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
Rocket Internet Growth Opportunities Corp. Class A Ordinary Shares (NYSE:RKTA)
Bear Market Rally (-75) - RKTA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RKTA as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RKTA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RKTA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RKTA
The long-term trend has been DOWN since May 20th, 2021 at 9.7000
The intermediate-term trend has been UP since Aug 9th, 2021 at 9.6788
The short-term trend has been DOWN since Oct 6th, 2021 at 9.6900
Smart Scan Analysis for RKTA
Based on our trend formula, RKTA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.7||52wk High Date||2021-05-19|
|52wk Low||9.6||52wk Low Date||2021-08-03|
|Average Volume||40,758||Shares Outstanding||33,375|