Stock Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
VERITIV CORP (NYSE:VRTV)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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 VRTV
The long term trend has been UP since Mar 2nd, 2018 at 30.50
The intermediate term trend has been UP since Aug 10th, 2018 at 40.75
The short term trend has been DOWN since Sep 17th, 2018 at 47.75
Smart Scan Analysis for VRTV
Based on a pre-defined weighted trend formula for chart analysis, VRTV scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||51||Year High Date||2018-08-14|
|Year Low||22.284||Year Low Date||2018-02-09|
|52wk High||51||52wk High Date||2018-08-14|
|52wk Low||20.35||52wk Low Date||2017-11-08|