Stock Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
Resolute Forest Products, Inc (NYSE:RFP)
Bear Market Rally (-75) - RFP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RFP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RFP?
MarketClub looks at technical strength and momentum to determine if the timing is right for RFP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RFP
The long-term trend has been DOWN since Dec 6th, 2018 at 10.52
The intermediate-term trend has been UP since Apr 13th, 2020 at 1.77
The short-term trend has been DOWN since May 29th, 2020 at 1.85
Smart Scan Analysis for RFP
Based on our trend formula, RFP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||15.75||Year High Date||2018-09-13|
|Year Low||7.4||Year Low Date||2018-02-08|
|52wk High||8.18||52wk High Date||2019-04-03|
|52wk Low||1.26||52wk Low Date||2020-03-30|
|Year End Close||13.24||Average Volume||472,402|
|Shares Outstanding||86,694||Short Interest||9,100,519|
|% Institutional||99.7||Market Cap||463M|