Stock Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
First Asset Canadian REIT ETF (TSE:RIT)
Bull Market Weakness (+75) - RIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RIT as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for RIT
The long-term trend has been UP since Nov 9th, 2020 at 15.95
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 20.23
The short-term trend has been UP since Oct 7th, 2021 at 19.83
Smart Scan Analysis for RIT
Based on our trend formula, RIT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||17.16||Year High Date||2018-08-20|
|Year Low||15.26||Year Low Date||2018-02-09|
|52wk High||17.16||52wk High Date||2018-08-20|
|52wk Low||15.26||52wk Low Date||2018-02-09|