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Stock Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

ELLEX MEDICAL LASER (ASX:ELX)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.

ASX_ELX
Open High Low ELX Price Change
0.980 0.980 0.960 0.975 +0.005
Entry Signal

MarketClub’s Trade Triangles for ELX

long term down The long term trend has been DOWN since Feb 2nd, 2017 at 1.14

intermediate term up The intermediate term trend has been UP since Jul 27th, 2017 at 1.08

short term down The short term trend has been DOWN since Aug 4th, 2017 at 1.04

Smart Scan Analysis for ELX

Based on a pre-defined weighted trend formula for chart analysis, ELX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for ELX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.980 0.980 0.960 0.975 +0.005
Prev. Close Volume Bid Ask Time
0.275 95543 0.965 0.975 2017-08-17 15:28:00
52wk High0.4752wk High Date2014-01-22
52wk Low0.2352wk Low Date2014-12-18
Shares Outstanding107,646,000
Want to analyze ELLEX MEDICAL LASER ELX or another symbol? Try our Free Stock Trend Analysis Report.