Mutual Trend Analysis Report
Prepared for you on Monday, May 16, 2022.
ROYCE OPPORTUNITY FUND SERVICE CLASS (NASDAQ:RYOFX)
Bear Market Rally (-75) - RYOFX is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RYOFX as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RYOFX?
MarketClub looks at technical strength and momentum to determine if the timing is right for RYOFX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RYOFX
The long-term trend has been DOWN since Dec 16th, 2021 at 17.62
The intermediate-term trend has been DOWN since Apr 6th, 2022 at 14.01
The short-term trend has been UP since May 13th, 2022 at 12.65
Smart Scan Analysis for RYOFX
Based on our trend formula, RYOFX is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||20.18||52wk High Date||2021-11-12|
|52wk Low||12.4||52wk Low Date||2022-05-11|
|Year End Close||15.34||Payment Date||2019-12-12|