Stock Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
MACQUARIE GRP (ASX:MQG)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 MQG
The long term trend has been DOWN since Jul 20th, 2017 at 86.05
The intermediate term trend has been UP since Aug 15th, 2017 at 87.87
The short term trend has been DOWN since Aug 18th, 2017 at 87.48
Smart Scan Analysis for MQG
Based on a pre-defined weighted trend formula for chart analysis, MQG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||62.49||52wk High Date||2014-11-07|
|52wk Low||52.44||52wk Low Date||2014-01-14|
|Shares Outstanding||324,342,000||P/E Ratio||18.69|