Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

First Asset Canadian REIT ETF (TSE:RIT)

Long-Term Downtrend (-90) - RIT is in a strong downtrend that is likely to continue. While RIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

TSE_RIT
Open High Low RIT Price Change
15.56 15.65 15.56 15.63 +0.07
Entry Signal

MarketClub’s Trade Triangles for RIT

long term down The long-term trend has been DOWN since Dec 10th, 2024 at 16.30

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 16.30

short term down The short-term trend has been DOWN since Dec 5th, 2024 at 16.55

Smart Scan Analysis for RIT

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

-90
Smart Scan Analysis for RIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.56 15.65 15.56 15.63 +0.07
Prev. Close Volume Bid Ask Time
15.63 5773 2024-12-24 12:59:59
Year High17.16Year High Date2018-08-20
Year Low15.26Year Low Date2018-02-09
52wk High17.1652wk High Date2018-08-20
52wk Low15.2652wk Low Date2018-02-09
Average Volume12,833Volatility10.43
Payment Date2019-08-30
Get a free daily analysis and signals for First Asset Canadian REIT ETF (RIT) - Request Your Free Report.