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Stock Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Global X Solar ETF (NASDAQ:RAYS)
Strong Downtrend (-100) - RAYS is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, RAYS continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RAYS?
MarketClub looks at technical strength and momentum to determine if the timing is right for RAYS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RAYS
The long-term trend has been DOWN since Mar 17th, 2023 at 19.212
The intermediate-term trend has been DOWN since Mar 27th, 2024 at 11.457
The short-term trend has been DOWN since Apr 3rd, 2024 at 11.671
Smart Scan Analysis for RAYS
Based on our trend formula, RAYS is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 10.469 | 10.516 | 10.422 | 10.442 | -0.199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 10.620 | 0 | 2024-04-19 16:29:41 |
| 52wk High | 20.31 | 52wk High Date | 2023-04-20 |
| 52wk Low | 10.1495 | 52wk Low Date | 2024-02-05 |
| Average Volume | 3,173 | Shares Outstanding | 540 |