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.
MarketClub’s Trade Triangles for RCH
The long-term trend has been DOWN since Apr 7th, 2022 at 40.85
The intermediate-term trend has been DOWN since Feb 22nd, 2022 at 48.80
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).
|Year High||34.65||Year High Date||2018-01-02|
|Year Low||24.9||Year Low Date||2018-11-14|
|52wk High||34.84||52wk High Date||2017-12-14|
|52wk Low||24.9||52wk Low Date||2018-11-14|
|Year End Close||36.95||Average Volume||97,098|