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Index Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

S&P/TSX Income Trust Index (TSE:RTCM)

Long-Term Downtrend (-90) - RTCM is in a strong downtrend that is likely to continue. While RTCM 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 RTCM?

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

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

TSE_RTCM
Open High Low RTCM Price Change
224.78 225.05 222.13 225.03 -0.73
Entry Signal

MarketClub’s Trade Triangles for RTCM

long term down The long-term trend has been DOWN since May 2nd, 2022 at 250.26

intermediate term down The intermediate-term trend has been DOWN since Jun 9th, 2022 at 241.23

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 224.31

Smart Scan Analysis for RTCM

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

-90
Smart Scan Analysis for RTCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
224.78 225.05 222.13 225.03 -0.73
Prev. Close Volume Bid Ask Time
225.76 7218448 2022-07-05 15:24:17
52wk High208.5152wk High Date2018-09-17
52wk Low187.452wk Low Date2018-02-09
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