Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
BHP BILLITON (ASX:BHP)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 BHP
The long term trend has been DOWN since Mar 1st, 2017 at 24.610
The intermediate term trend has been DOWN since Feb 6th, 2017 at 26.145
The short term trend has been UP since Mar 30th, 2017 at 24.160
Smart Scan Analysis for BHP
Based on a pre-defined weighted trend formula for chart analysis, BHP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.79||52wk High Date||2014-02-24|
|52wk Low||27.29||52wk Low Date||2014-12-16|
|Shares Outstanding||3,211,691,000||P/E Ratio||13.41|