Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Horizon Kinetics ISE Wealth Net Total Return Index (NASDAQ:RCHNTR)
Long-Term Downtrend (-90) - RCHNTR is in a strong downtrend that is likely to continue. While RCHNTR 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 RCHNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RCHNTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RCHNTR
The long-term trend has been DOWN since Feb 26th, 2020 at 1762.78
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1833.85
The short-term trend has been DOWN since Apr 1st, 2020 at 1216.06
Smart Scan Analysis for RCHNTR
Based on our trend formula, RCHNTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).