Stock Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
Ritchie Bros Auctioneers (TSE:RBA)
Countertrend Up (+85) - RBA is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RBA?
MarketClub looks at technical strength and momentum to determine if the timing is right for RBA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RBA
The long-term trend has been UP since May 13th, 2022 at 79.84
The intermediate-term trend has been UP since May 10th, 2022 at 72.85
The short-term trend has been DOWN since May 19th, 2022 at 77.80
Smart Scan Analysis for RBA
Based on our trend formula, RBA is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||50.66||Year High Date||2018-09-04|
|Year Low||37.08||Year Low Date||2018-01-02|
|52wk High||50.66||52wk High Date||2018-09-04|
|52wk Low||32.41||52wk Low Date||2017-12-01|
|Year End Close||20.75||Average Volume||126,065|