RUT Monthly UpdateMonthly Data Summary Suggests:
Current Monthly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bullish Sentiment is present.
The anticipated upcoming trade range is between 1533.64 - 1694.48
Price Consolidation has formed between: 1266.93 - 1703.81
If RUT is capable of maintaining the current strength as of today, the projection generated from the monthly chart is a target price of 1574.16
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current monthly reading of: Bullish
The RSI that monitors bearish strength has a current monthly reading of: Neutral Bull
The strength demonstrated over the last 5 months is currently: Bullish
Weekly Data Summary Suggests:
Current Weekly Trend (price relationship to the trend MA) is Bullish
The price relationship to the moving averages currently suggest Long positions.
Current chart score suggests that Bearish Sentiment is present.
The anticipated upcoming trade range is between 1586.87 - 1641.25
Prices have broken through the consolidation low
If RUT is capable of maintaining the current strength as of today, the projection generated from the weekly chart is a target price of 1561.64
Out of the combined (weekly & daily) indicators monitored, 83.33% are bearish, 16.67% are bullish and 0.00% are neutral
Price movement has returned to the Trending Moving Average this suggests either a stall while averages catch up to the prices or a turn in the prices in the opposite direction
The RSI that monitors bullish strength has a current weekly reading of: Bullish
The RSI that monitors bearish strength has a current weekly reading of: Neutral Bull
The strength demonstrated over the last 5 weeks is currently: Bearish
Daily Data Summary Suggests:
Current Daily Trend (price relationship to the trend MA) is Bearish
The price relationship to the moving averages currently suggest Short positions.
Current chart score suggests that Bearish Sentiment is present.
The anticipated upcoming trade range is between 1601.61 - 1623.19
Prices have broken through the consolidation low
If RUT is capable of maintaining the current strength as of today, the projection generated from the daily chart is a target price of 1590.7
The prices have moved 2.6 times the normal trade range from Trend Moving Average, a stall/decline may occur to return to the average.
The RSI that monitors bullish strength has a current daily reading of: Neutral Bear
The RSI that monitors bearish strength has a current daily reading of: Bearish
The strength demonstrated over the last 5 days is currently: Bearish
** If data does not significantly change between trade dates, a daily update may be skipped. Monthly and Weekly updates will always be provided. **