Stock Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
VERITIV CORP (NYSE:VRTV)
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 VRTV
The long term trend has been DOWN since Apr 13th, 2017 at 48.95
The intermediate term trend has been UP since Sep 6th, 2017 at 29.30
The short term trend has been UP since Oct 16th, 2017 at 32.50
Smart Scan Analysis for VRTV
Based on a pre-defined weighted trend formula for chart analysis, VRTV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||62.6||Year High Date||2017-03-15|
|Year Low||26.85||Year Low Date||2017-08-21|
|52wk High||62.6||52wk High Date||2017-03-15|
|52wk Low||26.85||52wk Low Date||2017-08-21|