Stock Trend Analysis Report
Prepared for you on Wednesday, December 19, 2018.
Blumetric Environmental Inc (CDNX:BLM)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 BLM
The long term trend has been DOWN since Feb 28th, 2018 at 0.185
The intermediate term trend has been DOWN since Nov 19th, 2018 at 0.190
The short term trend has been UP since Dec 18th, 2018 at 0.150
Smart Scan Analysis for BLM
Based on a pre-defined weighted trend formula for chart analysis, BLM scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.305||Year High Date||2018-02-23|
|Year Low||0.15||Year Low Date||2018-11-19|
|52wk High||0.305||52wk High Date||2018-02-23|
|52wk Low||0.15||52wk Low Date||2018-11-19|
|Year End Close||0.47||Average Volume||4,350|