Mutual Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
REAVES UTILITIES AND ENERGY INFRASTRUCT FUND INSTI SHARES (NASDAQ:RSRFX)
Bull Market Weakness (+75) - RSRFX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RSRFX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RSRFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSRFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSRFX
The long-term trend has been UP since Jul 22nd, 2020 at 9.75
The intermediate-term trend has been UP since Nov 9th, 2020 at 10.45
The short-term trend has been DOWN since Nov 18th, 2020 at 10.65
Smart Scan Analysis for RSRFX
Based on our trend formula, RSRFX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.29||52wk High Date||2020-02-18|
|52wk Low||7.19||52wk Low Date||2020-03-23|
|Year End Close||10.51||Payment Date||2005-12-30|