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Stock Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

Richelieu Hardware Ltd (TSE:RCH)

Long-Term Downtrend (-90) - RCH is in a strong downtrend that is likely to continue. While RCH is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

TSE_RCH
Open High Low RCH Price Change
34.86 34.86 34.27 34.73 +0.06
Entry Signal

MarketClub’s Trade Triangles for RCH

long term down The long-term trend has been DOWN since Apr 7th, 2022 at 40.85

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2022 at 48.80

short term down The short-term trend has been DOWN since May 20th, 2022 at 34.28

Smart Scan Analysis for RCH

Based on our trend formula, RCH is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for RCH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.86 34.86 34.27 34.73 +0.06
Prev. Close Volume Bid Ask Time
34.73 118568 2022-05-20 16:25:53
Year High34.65Year High Date2018-01-02
Year Low24.9Year Low Date2018-11-14
52wk High34.8452wk High Date2017-12-14
52wk Low24.952wk Low Date2018-11-14
Year End Close36.95Average Volume97,098
Volatility27.89
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