Stock Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
TransCode Therapeutics, Inc. (NASDAQ:RNAZ)
Bear Market Rally (-75) - RNAZ is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RNAZ as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RNAZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNAZ.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNAZ
The long-term trend has been DOWN since Jul 13th, 2021 at 4.6000
The intermediate-term trend has been DOWN since Aug 18th, 2022 at 1.2600
The short-term trend has been UP since Aug 19th, 2022 at 1.3905
Smart Scan Analysis for RNAZ
Based on our trend formula, RNAZ is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5.2786||52wk High Date||2021-09-23|
|52wk Low||1.13||52wk Low Date||2022-06-30|
|Average Volume||20,561||Shares Outstanding||12,977|