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Stock Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Royal Nickel Corp (TSE:RNX)

Long-Term Uptrend (+90) - RNX is in a strong uptrend that is likely to continue. While RNX is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

Open High Low RNX Price Change
0.53 0.55 0.52 0.53 0.00
Entry Signal

MarketClub’s Trade Triangles for RNX

long term up The long-term trend has been UP since May 8th, 2020 at 0.485

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2020 at 0.360

short term up The short-term trend has been UP since Jun 2nd, 2020 at 0.540

Smart Scan Analysis for RNX

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

Smart Scan Analysis for RNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.53 0.55 0.52 0.53 0.00
Prev. Close Volume Bid Ask Time
0.30 9754811 2020-06-02 14:48:09
Year High1.18Year High Date2018-09-24
Year Low0.07Year Low Date2018-08-16
52wk High1.1852wk High Date2018-09-24
52wk Low0.0752wk Low Date2018-08-16
Year End Close0.42Average Volume4,398,708
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