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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.
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MarketClub’s Trade Triangles for RTCM
The long-term trend has been DOWN since May 2nd, 2022 at 250.26
The intermediate-term trend has been DOWN since Jun 9th, 2022 at 241.23
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).
| 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 High | 208.51 | 52wk High Date | 2018-09-17 |
| 52wk Low | 187.4 | 52wk Low Date | 2018-02-09 |