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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

Rbc Canadian Bank Yield Index ETF (TSE:RBNK)

Sidelines Mode (-55) - RBNK 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 RBNK?

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

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

TSE_RBNK
Open High Low RBNK Price Change
24.08 24.15 24.03 24.13 +0.08
Entry Signal

MarketClub’s Trade Triangles for RBNK

long term up The long-term trend has been UP since Dec 13th, 2023 at 22.54

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 24.30

short term up The short-term trend has been UP since Apr 19th, 2024 at 24.12

Smart Scan Analysis for RBNK

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

-55
Smart Scan Analysis for RBNK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.08 24.15 24.03 24.13 +0.08
Prev. Close Volume Bid Ask Time
24.13 6041 2024-04-23 15:52:21
Year High21.39Year High Date2018-01-22
Year Low19.05Year Low Date2018-10-26
52wk High21.3952wk High Date2018-01-22
52wk Low19.0552wk Low Date2018-10-26
Average Volume26,779Volatility13.98
Payment Date2019-08-30
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