Stock Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
MARGARET LAKE DIAMONDS INC (CDNX:DIA)
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 DIA
The long term trend has been DOWN since Jul 4th, 2018 at 0.075
The intermediate term trend has been UP since Oct 3rd, 2018 at 0.040
The short term trend has been UP since Nov 9th, 2018 at 0.040
Smart Scan Analysis for DIA
Based on a pre-defined weighted trend formula for chart analysis, DIA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.155||Year High Date||2018-05-03|
|Year Low||0.025||Year Low Date||2018-08-22|
|52wk High||0.155||52wk High Date||2018-05-03|
|52wk Low||0.025||52wk Low Date||2018-08-22|