Stock Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
BARRA RESOURCES (ASX:BAR)
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 BAR
The long term trend has been UP since Dec 8th, 2016 at 0.055
The intermediate term trend has been DOWN since Mar 7th, 2017 at 0.081
The short term trend has been DOWN since Mar 21st, 2017 at 0.077
Smart Scan Analysis for BAR
Based on a pre-defined weighted trend formula for chart analysis, BAR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||0.016||52wk High Date||2014-07-18|
|52wk Low||0.005||52wk Low Date||2014-12-08|