Stock Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
Tanzanian Royalty (AMEX:TRX)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 TRX
The long term trend has been DOWN since Aug 15th, 2018 at 0.3823
The intermediate term trend has been UP since Dec 8th, 2018 at 0.3990
The short term trend has been UP since Dec 8th, 2018 at 0.3585
Smart Scan Analysis for TRX
Based on a pre-defined weighted trend formula for chart analysis, TRX scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.68||Year High Date||2018-04-30|
|Year Low||0.27||Year Low Date||2018-01-02|
|52wk High||0.68||52wk High Date||2018-04-30|
|52wk Low||0.2423||52wk Low Date||2017-12-12|
|Year End Close||4.41||Average Volume||93,874|
|Shares Outstanding||100,681||Short Interest||9,231,603|