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Stock Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

RED ELECTRICA UNSP/ADR (NASDAQ:RDEIY)

Sidelines Mode (+55) - RDEIY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RDEIY?

MarketClub looks at technical strength and momentum to determine if the timing is right for RDEIY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_RDEIY
Open High Low RDEIY Price Change
8.300 8.385 8.300 8.341 +0.031
Entry Signal

MarketClub’s Trade Triangles for RDEIY

long term up The long-term trend has been UP since Mar 20th, 2024 at 8.432

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 8.230

short term up The short-term trend has been UP since Apr 18th, 2024 at 8.335

Smart Scan Analysis for RDEIY

Based on our trend formula, RDEIY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RDEIY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.300 8.385 8.300 8.341 +0.031
Prev. Close Volume Bid Ask Time
8.310 10914 2024-04-18 15:46:00
Year High11.4Year High Date2018-01-05
Year Low9.38Year Low Date2018-03-22
52wk High9.13452wk High Date2023-05-05
52wk Low7.49652wk Low Date2023-10-03
Year End Close9.95Average Volume50,888
Shares Outstanding672,176Assets145,660,000M
Liabilities897,660,000MBeta1.76
Volatility20.47
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