Stock Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
COLORADO RESOURCES LTD (CDNX:CXO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 CXO
The long term trend has been DOWN since Oct 20th, 2017 at 0.235
The intermediate term trend has been UP since Jul 5th, 2018 at 0.155
The short term trend has been DOWN since Jul 12th, 2018 at 0.155
Smart Scan Analysis for CXO
Based on a pre-defined weighted trend formula for chart analysis, CXO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.21||Year High Date||2018-01-02|
|Year Low||0.13||Year Low Date||2018-03-21|
|52wk High||0.455||52wk High Date||2017-09-13|
|52wk Low||0.13||52wk Low Date||2018-03-21|
|Year End Close||0.195||Average Volume||134,770|