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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

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

Crossroads (+60) - RTCM is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
202.33 203.31 201.46 201.83 -0.79
Entry Signal

MarketClub’s Trade Triangles for RTCM

long term down The long-term trend has been DOWN since Jun 22nd, 2023 at 210.55

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 198.04

short term up The short-term trend has been UP since May 21st, 2024 at 203.27

Smart Scan Analysis for RTCM

Based on our trend formula, RTCM is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for RTCM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
202.33 203.31 201.46 201.83 -0.79
Prev. Close Volume Bid Ask Time
201.88 3217098 2024-05-21 15:59:47
52wk High208.5152wk High Date2018-09-17
52wk Low187.452wk Low Date2018-02-09
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