Stock Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
DMG BLOCKCHAIN SOLUTIONS INC (CDNX:DMGI)
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 DMGI
The long term trend has been DOWN since Mar 8th, 2018 at 1.230
The intermediate term trend has been UP since Oct 1st, 2018 at 0.305
The short term trend has been DOWN since Oct 18th, 2018 at 0.300
Smart Scan Analysis for DMGI
Based on a pre-defined weighted trend formula for chart analysis, DMGI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.98||Year High Date||2018-02-15|
|Year Low||0.2||Year Low Date||2018-06-29|
|52wk High||1.98||52wk High Date||2018-02-15|
|52wk Low||0.2||52wk Low Date||2018-06-29|