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.
MarketClub’s Trade Triangles for RNX
The long-term trend has been UP since May 8th, 2020 at 0.485
The intermediate-term trend has been UP since Apr 13th, 2020 at 0.360
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).
|Year High||1.18||Year High Date||2018-09-24|
|Year Low||0.07||Year Low Date||2018-08-16|
|52wk High||1.18||52wk High Date||2018-09-24|
|52wk Low||0.07||52wk Low Date||2018-08-16|
|Year End Close||0.42||Average Volume||4,398,708|