Mutual Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
RMB JAPAN FUND - CLASS I (NASDAQ:RMBPX)
Long-Term Downtrend (-90) - RMBPX is in a strong downtrend that is likely to continue. While RMBPX 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 RMBPX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RMBPX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RMBPX
The long-term trend has been DOWN since Nov 30th, 2021 at 10.93
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 8.76
The short-term trend has been DOWN since Jun 3rd, 2022 at 9.01
Smart Scan Analysis for RMBPX
Based on our trend formula, RMBPX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||11.97||52wk High Date||2021-09-15|
|52wk Low||8.4||52wk Low Date||2022-06-22|
|Year End Close||10.14||Payment Date||2019-12-12|