Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Rocket Internet Growth Opportunities Corp. Class A Ordinary Shares (NYSE:RKTA)
Countertrend Up (+85) - RKTA 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 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 UP since Mar 30th, 2022 at 9.800
The intermediate-term trend has been UP since Jun 7th, 2022 at 9.765
The short-term trend has been UP since Mar 17th, 2023 at 10.230
Smart Scan Analysis for RKTA
Based on our trend formula, RKTA is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.47||52wk High Date||2023-03-07|
|52wk Low||9.75||52wk Low Date||2022-06-06|
|Average Volume||25,154||Shares Outstanding||33,375|