Stock Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
Mid Cap US Equity Select ETF (NASDAQ:RNMC)
Long-Term Downtrend (-90) - RNMC is in a strong downtrend that is likely to continue. While RNMC 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 RNMC?
MarketClub looks at technical strength and momentum to determine if the timing is right for RNMC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RNMC
The long-term trend has been DOWN since Mar 13th, 2023 at 26.800
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 28.930
The short-term trend has been DOWN since Mar 23rd, 2023 at 26.555
Smart Scan Analysis for RNMC
Based on our trend formula, RNMC is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||23.12||Year High Date||2018-08-29|
|Year Low||19.985||Year Low Date||2018-10-26|
|52wk High||30.2398||52wk High Date||2023-02-02|
|52wk Low||24.0554||52wk Low Date||2022-09-27|
|Average Volume||867||Shares Outstanding||450|