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Index Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
S&P/TSX Capped REIT Index (TSE:RTRE)
Long-Term Downtrend (-90) - RTRE is in a strong downtrend that is likely to continue. While RTRE 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 RTRE?
MarketClub looks at technical strength and momentum to determine if the timing is right for RTRE.
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 RTRE
The long-term trend has been DOWN since May 2nd, 2022 at 194.16
The intermediate-term trend has been DOWN since Jun 8th, 2022 at 181.46
The short-term trend has been DOWN since Jun 29th, 2022 at 166.83
Smart Scan Analysis for RTRE
Based on our trend formula, RTRE is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 167.69 | 168.71 | 166.39 | 167.46 | +0.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 167.48 | 5615978 | 2022-07-06 15:59:16 |
| 52wk High | 179.25 | 52wk High Date | 2018-09-17 |
| 52wk Low | 155.32 | 52wk Low Date | 2018-02-09 |