Stock Trend Analysis Report
Prepared for you on Wednesday, March 29, 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 RKN
The long term trend has been UP since Feb 2nd, 2017 at 1.680
The intermediate term trend has been DOWN since Mar 27th, 2017 at 1.695
The short term trend has been DOWN since Mar 16th, 2017 at 1.770
Smart Scan Analysis for RKN
Based on a pre-defined weighted trend formula for chart analysis, RKN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2.29||52wk High Date||2014-03-24|
|52wk Low||1.72||52wk Low Date||2014-12-23|
|Shares Outstanding||112,084,000||P/E Ratio||12.75|