Stock Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Rbc Canadian Bank Yield Index ETF (TSE:RBNK)
Long-Term Uptrend (+90) - RBNK is in a strong uptrend that is likely to continue. While RBNK 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 RBNK?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBNK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBNK
The long-term trend has been UP since Aug 26th, 2020 at 17.87
The intermediate-term trend has been UP since Nov 5th, 2020 at 17.76
The short-term trend has been UP since Feb 12th, 2021 at 20.80
Smart Scan Analysis for RBNK
Based on our trend formula, RBNK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||21.39||Year High Date||2018-01-22|
|Year Low||19.05||Year Low Date||2018-10-26|
|52wk High||21.39||52wk High Date||2018-01-22|
|52wk Low||19.05||52wk Low Date||2018-10-26|