Stock Trend Analysis Report
Prepared for you on Monday, May 22, 2017.
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 MCP
The long term trend has been UP since Feb 10th, 2017 at 1.112
The intermediate term trend has been DOWN since Apr 18th, 2017 at 1.295
The short term trend has been DOWN since May 5th, 2017 at 1.310
Smart Scan Analysis for MCP
Based on a pre-defined weighted trend formula for chart analysis, MCP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1.66||52wk High Date||2014-01-08|
|52wk Low||1.03||52wk Low Date||2014-05-23|