Stock Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
SUMITOMO METAL (NASDAQ:SMMYY)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SMMYY
The long term trend has been UP since Jul 26th, 2017 at 7.015
The intermediate term trend has been DOWN since Mar 2nd, 2018 at 10.820
The short term trend has been DOWN since Feb 28th, 2018 at 11.730
Smart Scan Analysis for SMMYY
Based on a pre-defined weighted trend formula for chart analysis, SMMYY scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||12.37||Year High Date||2018-01-12|
|Year Low||10.3||Year Low Date||2018-03-08|
|52wk High||12.37||52wk High Date||2018-01-12|
|52wk Low||5.94||52wk Low Date||2017-06-15|