Stock Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
Riocan Real Estate Invest (TSE:REI.UN)
Countertrend Down (-85) - REI.UN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid REI.UN?
MarketClub looks at technical strength and momentum to determine if the timing is right for REI.UN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for REI.UN
The long-term trend has been DOWN since Nov 30th, 2021 at 21.36
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 22.21
The short-term trend has been UP since Dec 6th, 2021 at 21.62
Smart Scan Analysis for REI.UN
Based on our trend formula, REI.UN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||25.82||Year High Date||2018-09-13|
|Year Low||22.97||Year Low Date||2018-04-25|
|52wk High||25.82||52wk High Date||2018-09-13|
|52wk Low||22.97||52wk Low Date||2018-04-25|
|Year End Close||27.56||Average Volume||767,419|