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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Global X Russell 2000 Covered Call ETF (PACF:RYLD)

Weak Uptrend (+65) - RYLD is showing signs of weakening momentum to the upside. Monitor RYLD as it may be in the beginning stages of a reversal.

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

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

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

PACF_RYLD
Open High Low RYLD Price Change
16.510 16.530 16.510 16.515 +0.005
Entry Signal

MarketClub’s Trade Triangles for RYLD

long term up The long-term trend has been UP since Apr 1st, 2024 at 16.9100

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 16.5943

short term up The short-term trend has been UP since May 2nd, 2024 at 16.4300

Smart Scan Analysis for RYLD

Based on our trend formula, RYLD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for RYLD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.510 16.530 16.510 16.515 +0.005
Prev. Close Volume Bid Ask Time
16.520 443269 2024-05-07 15:59:38
52wk High18.4752wk High Date2023-06-16
52wk Low15.8552wk Low Date2023-10-27
Average Volume629,355Shares Outstanding85,140
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