Mutual Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
RMB MENDON FINANCIAL LONG/SHORT FUND - C (NASDAQ:RMBCX)
Long-Term Downtrend (-90) - RMBCX is in a strong downtrend that is likely to continue. While RMBCX 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 RMBCX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMBCX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMBCX
The long-term trend has been DOWN since Feb 24th, 2020 at 13.98
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 14.54
The short-term trend has been DOWN since Feb 14th, 2020 at 14.28
Smart Scan Analysis for RMBCX
Based on our trend formula, RMBCX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14.69||52wk High Date||2019-12-24|
|52wk Low||5.2||52wk Low Date||2020-03-18|
|Year End Close||14.67||Payment Date||2016-12-15|