Stock Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
ILUKA RESOURCES (ASX:ILU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 ILU
The long term trend has been UP since Dec 1st, 2016 at 6.625
The intermediate term trend has been UP since Jul 10th, 2017 at 9.000
The short term trend has been DOWN since Jul 19th, 2017 at 9.100
Smart Scan Analysis for ILU
Based on a pre-defined weighted trend formula for chart analysis, ILU scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10.15||52wk High Date||2014-04-10|
|52wk Low||5.57||52wk Low Date||2014-12-15|
|Shares Outstanding||418,700,000||P/E Ratio||20.55|