Stock Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
NUVERRA ENVIRONMENTAL SOLUTIONS INC (AMEX:NES)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 NES
The long term trend has been UP since Oct 15th, 2018 at 12.3800
The intermediate term trend has been UP since Oct 1st, 2018 at 10.4999
The short term trend has been DOWN since Oct 18th, 2018 at 11.4700
Smart Scan Analysis for NES
Based on a pre-defined weighted trend formula for chart analysis, NES scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||26.5||Year High Date||2018-03-12|
|Year Low||8.8||Year Low Date||2018-09-11|
|52wk High||26.5||52wk High Date||2018-03-12|
|52wk Low||8.8||52wk Low Date||2018-09-11|