Second Opinion®
Trade Trigger
: RB GLOBAL INC. (RBA)
Trade Trigger stocks are breaking through significant resistance (bullish) or support (bearish) areas.
Report created after market close on 05/05/25
Report created after market close on 05/05/25
Neutral
MarketEdge® Second Opinion
Downgraded
From Long on 05/05/2025
Price At Downgrade
-1.0%
Change Since Downgrade
Recommendation
Trade Activity for: 05/05/25
Close |
101.48 |
Change |
-1.03 |
Volume |
7577 |
Open |
102.38 |
High |
102.52 |
Low |
101.23 |
MarketEdge Indicators
Opinion Score |
Power Rating |
Mildly Deteriorating |
Bearish
Bullish
-12 |
Annual Chart
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Comment
The stock has outperformed the market over the last 50 trading days when compared to the S&P 500. Though the technical condition of RBA is deteriorating, MACD-LT, an intermediate-term trend indicator, remains bullish at this time. RBA's chart formation is showing signs of reversing its recent trend. If the stock closes below $97.79 a change in trend will be confirmed.Upside momentum, as measured by the 14-day RSI indicator, remains positive. Over the last 50 trading sessions, there has been more volume on down days than on up days, indicating that RBA is under distribution, which is a bearish condition. The stock is currently above a falling 50-day moving average. A move below this average would be confirmation that the trend is changing. RBA could find secondary support at its rising 200-day moving average.
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Yr. High/Yr. Low |
106.9 | 69.83 | |
MO Chg.(%) |
10.5% | ||
Trend Line Resistance |
0 |
Trend Line Support |
0 |
|---|---|---|---|
Buy Stop |
97.79 | ||
Volatility(%) |
2.9 | ||
Position |
91 | ||
ADXR |
24 | ||
Avg Volume(00) |
10569 | ||
MO Chg.(%) |
-12.9% | ||
U/D Ratio/Slope |
1.2 | Down | |
On Balance Volume |
Bullish | ||
Positive OBV |
Bullish | ||
Negative OBV |
Bearish | ||
Money Flow (MF) |
78 | ||
MF Slope |
Bullish | ||
Alpha/Beta |
0 | 0.82 | |
B.Bands |
13 | ||
MACD ST/LT |
Bullish | Bullish | |
50-Day R.S. |
1.05 | ||
Wilder's RSI |
59 | ||
Sto. Fast/Slow |
75 | 76 | |
OBOS/RSV |
-2 | 92 | |
C-Rate |
0 | ||
| Moving Average | Price | % | Slope |
|---|---|---|---|
| 10 Day | 99.55 | 102 | Up |
| 21 Day | 97.13 | 104 | Up |
| 50 Day | 98.57 | 103 | Down |
| 200 Day | 90.23 | 112 | Up |
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