Stock Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
THORN GROUP (ASX:TGA)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TGA
The long term trend has been DOWN since Feb 7th, 2017 at 1.600
The intermediate term trend has been DOWN since Aug 2nd, 2017 at 1.285
The short term trend has been DOWN since Sep 15th, 2017 at 1.217
Smart Scan Analysis for TGA
Based on a pre-defined weighted trend formula for chart analysis, TGA scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3.2||52wk High Date||2014-12-30|
|52wk Low||1.965||52wk Low Date||2014-02-07|
|Shares Outstanding||150,634,000||P/E Ratio||16.74|