Stock Trend Analysis Report
Prepared for you on Saturday, February 17, 2018.
CORINDUS VASCULAR ROBOTICS INC (AMEX:CVRS)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 CVRS
The long term trend has been DOWN since Oct 16th, 2017 at 1.3500
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1.0000
The short term trend has been UP since Feb 16th, 2018 at 0.9888
Smart Scan Analysis for CVRS
Based on a pre-defined weighted trend formula for chart analysis, CVRS scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.38||Year High Date||2018-01-25|
|Year Low||0.89||Year Low Date||2018-02-06|
|52wk High||2.25||52wk High Date||2017-07-05|
|52wk Low||0.5894||52wk Low Date||2017-02-17|