Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
TEL INSTRUMENT ELECTRONIC (AMEX:TIK)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 TIK
The long term trend has been UP since Aug 17th, 2018 at 3.8500
The intermediate term trend has been UP since Oct 10th, 2018 at 3.2332
The short term trend has been UP since Oct 22nd, 2018 at 2.9643
Smart Scan Analysis for TIK
Based on a pre-defined weighted trend formula for chart analysis, TIK scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.4||Year High Date||2018-08-17|
|Year Low||2.051||Year Low Date||2018-04-10|
|52wk High||6.35||52wk High Date||2017-12-12|
|52wk Low||2.051||52wk Low Date||2018-04-10|
|Year End Close||3.6499||Average Volume||34,103|
|Shares Outstanding||2,796||Short Interest||1,792|