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Stock Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Rio 2 Ltd (CDNX:RIO)

Sidelines Mode (-55) - RIO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RIO?

MarketClub looks at technical strength and momentum to determine if the timing is right for RIO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CDNX_RIO
Open High Low RIO Price Change
0.76 0.84 0.72 0.80 0.00
Entry Signal

MarketClub’s Trade Triangles for RIO

long term down The long-term trend has been DOWN since Feb 12th, 2021 at 0.77

intermediate term down The intermediate-term trend has been DOWN since Feb 12th, 2021 at 0.77

short term up The short-term trend has been UP since Feb 25th, 2021 at 0.78

Smart Scan Analysis for RIO

Based on our trend formula, RIO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for RIO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.76 0.84 0.72 0.80 0.00
Prev. Close Volume Bid Ask Time
0.80 433927 2021-02-26 15:57:31
Year High1.59Year High Date2018-05-16
Year Low0.465Year Low Date2018-11-29
52wk High1.5952wk High Date2018-05-16
52wk Low0.46552wk Low Date2018-11-29
Average Volume66,471Volatility63.19
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