Stock Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
ALTONA MINING (ASX:AOH)
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 AOH
The long term trend has been DOWN since Jul 3rd, 2017 at 0.135
The intermediate term trend has been UP since Sep 21st, 2017 at 0.125
The short term trend has been UP since Oct 13th, 2017 at 0.130
Smart Scan Analysis for AOH
Based on a pre-defined weighted trend formula for chart analysis, AOH scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||0.245||52wk High Date||2014-10-31|
|52wk Low||0.145||52wk Low Date||2014-05-08|
|Shares Outstanding||534,678,000||P/E Ratio||9.8|