Stock Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
RAINFOREST RESOURCES INC (NASDAQ:RRIF)
Long-Term Downtrend (-90) - RRIF is in a strong downtrend that is likely to continue. While RRIF 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 RRIF?
MarketClub looks at technical strength and momentum to determine if the timing is right for RRIF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RRIF
The long-term trend has been DOWN since Feb 25th, 2022 at 2.110
The intermediate-term trend has been DOWN since Mar 31st, 2022 at 2.040
The short-term trend has been DOWN since May 12th, 2022 at 1.462
Smart Scan Analysis for RRIF
Based on our trend formula, RRIF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||9.45||Year High Date||2018-03-15|
|Year Low||3.5||Year Low Date||2018-08-16|
|52wk High||3.8||52wk High Date||2021-08-19|
|52wk Low||1.11||52wk Low Date||2022-05-17|