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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
VanEck Inflation Allocation ETF (PACF:RAAX)
Sidelines Mode (+55) - RAAX 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 RAAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAAX.
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 RAAX
The long-term trend has been UP since Dec 15th, 2023 at 26.470
The intermediate-term trend has been UP since Jul 1st, 2024 at 27.385
The short-term trend has been DOWN since Jul 19th, 2024 at 27.930
Smart Scan Analysis for RAAX
Based on our trend formula, RAAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.5400 | 27.6377 | 27.5100 | 27.6377 | +0.2032 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.4345 | 13167 | 2024-07-26 12:13:15 |
| Year High | 26.7442 | Year High Date | 2018-05-22 |
| Year Low | 24.54 | Year Low Date | 2018-11-01 |
| 52wk High | 28.36 | 52wk High Date | 2024-07-17 |
| 52wk Low | 24.27 | 52wk Low Date | 2023-10-05 |
| Average Volume | 10,177 | Shares Outstanding | 3,200 |
| Volatility | 6.11 |