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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Renaissance IPO ETF (PACF:IPO)

Sidelines Mode (+55) - IPO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IPO?

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

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

PACF_IPO
Open High Low IPO Price Change
37.0300 38.0501 37.0300 37.9300 +0.9600
Entry Signal

MarketClub’s Trade Triangles for IPO

long term up The long-term trend has been UP since Dec 1st, 2023 at 34.365

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 39.310

short term up The short-term trend has been UP since Apr 23rd, 2024 at 37.700

Smart Scan Analysis for IPO

Based on our trend formula, IPO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for IPO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
37.0300 38.0501 37.0300 37.9300 +0.9600
Prev. Close Volume Bid Ask Time
36.9700 20681 2024-04-23 15:59:50
Year High31.6708Year High Date2018-06-18
Year Low24.42Year Low Date2018-11-20
52wk High42.452wk High Date2024-03-21
52wk Low27.065252wk Low Date2023-04-25
Average Volume60,357Volatility33.54
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