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Stock Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

Ritchie Bros Auctioneers (TSE:RBA)

Long-Term Uptrend (+90) - RBA is in a strong uptrend that is likely to continue. While RBA is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

TSE_RBA
Open High Low RBA Price Change
103.26 104.29 102.94 103.72 +0.87
Entry Signal

MarketClub’s Trade Triangles for RBA

long term up The long-term trend has been UP since Jul 4th, 2023 at 79.84

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 101.67

short term up The short-term trend has been UP since May 22nd, 2024 at 103.52

Smart Scan Analysis for RBA

Based on our trend formula, RBA is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for RBA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
103.26 104.29 102.94 103.72 +0.87
Prev. Close Volume Bid Ask Time
102.85 27767 2024-05-24 13:33:02
Year High50.66Year High Date2018-09-04
Year Low37.08Year Low Date2018-01-02
52wk High50.6652wk High Date2018-09-04
52wk Low32.4152wk Low Date2017-12-01
Year End Close20.75Average Volume126,065
Volatility26.18Payment Date2019-06-19
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