Stock Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
GRANGE RESOURCES (ASX:GRR)
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 GRR
The long term trend has been DOWN since May 18th, 2017 at 0.150
The intermediate term trend has been DOWN since Aug 22nd, 2017 at 0.135
The short term trend has been UP since Sep 1st, 2017 at 0.130
Smart Scan Analysis for GRR
Based on a pre-defined weighted trend formula for chart analysis, GRR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||0.305||52wk High Date||2014-03-07|
|52wk Low||0.081||52wk Low Date||2014-12-11|