Mutual Trend Analysis Report
Prepared for you on Wednesday, June 3, 2020.
RBC IMPACT BOND FUND CLASS R6 (NASDAQ:RIBRX)
Crossroads (+60) - RIBRX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RIBRX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RIBRX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RIBRX
The long-term trend has been UP since Feb 21st, 2020 at 10.23
The intermediate-term trend has been DOWN since May 11th, 2020 at 10.45
The short-term trend has been DOWN since May 26th, 2020 at 10.49
Smart Scan Analysis for RIBRX
Based on our trend formula, RIBRX is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||10.69||52wk High Date||2020-03-09|
|52wk Low||10||52wk Low Date||2019-06-04|
|Year End Close||10.03||Yield||2.3766|