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Mutual Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
THE INVESTMENT COMPANY OF AMERICA - CLASS R2E (NASDAQ:RIBEX)
Sidelines Mode (-55) - RIBEX 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 RIBEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIBEX.
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 RIBEX
The long-term trend has been UP since Nov 17th, 2023 at 48.88
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 54.19
The short-term trend has been UP since Apr 23rd, 2024 at 53.09
Smart Scan Analysis for RIBEX
Based on our trend formula, RIBEX is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 53.86 | 53.86 | 53.86 | 54.23 | -0.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 53.86 | 0 | 53.61 | 53.61 | 2024-04-25 20:00:00 |
| 52wk High | 55.28 | 52wk High Date | 2024-03-27 |
| 52wk Low | 43.34 | 52wk Low Date | 2023-04-26 |
| Year End Close | 50.19 | Payment Date | 2020-03-19 |