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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
VanEck Inflation Allocation ETF (PACF:RAAX)
Countertrend Up (+85) - RAAX 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 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 26.47
The intermediate-term trend has been UP since Feb 27th, 2024 at 25.32
The short-term trend has been UP since Apr 12th, 2024 at 27.97
Smart Scan Analysis for RAAX
Based on our trend formula, RAAX is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 27.2100 | 27.2200 | 27.0500 | 27.0907 | -0.1193 |
| Prev. Close | Volume | Bid | Ask | Time |
| 27.1900 | 8042 | 2024-04-18 15:52:00 |
| Year High | 26.7442 | Year High Date | 2018-05-22 |
| Year Low | 24.54 | Year Low Date | 2018-11-01 |
| 52wk High | 28.05 | 52wk High Date | 2024-04-12 |
| 52wk Low | 24 | 52wk Low Date | 2023-05-31 |
| Average Volume | 24,432 | Shares Outstanding | 3,200 |
| Volatility | 6.11 |