Mutual Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
RIMROCK EMERGING MARKETS CORPORATE CREDIT FUND (NASDAQ:RCEMX)
Bull Market Weakness (+75) - RCEMX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RCEMX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RCEMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RCEMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RCEMX
The long-term trend has been DOWN since Mar 5th, 2021 at 10.57
The intermediate-term trend has been UP since Apr 16th, 2021 at 10.47
The short-term trend has been UP since Apr 15th, 2021 at 10.43
Smart Scan Analysis for RCEMX
Based on our trend formula, RCEMX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.73||52wk High Date||2020-12-18|
|52wk Low||9.99||52wk Low Date||2020-09-29|
|Year End Close||10.69|