Stock Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
Jaxon Minerals Inc (CDNX:JAX)
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 JAX
The long term trend has been DOWN since Oct 24th, 2017 at 0.220
The intermediate term trend has been DOWN since Nov 12th, 2018 at 0.110
The short term trend has been UP since Dec 12th, 2018 at 0.065
Smart Scan Analysis for JAX
Based on a pre-defined weighted trend formula for chart analysis, JAX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.29||Year High Date||2018-02-16|
|Year Low||0.07||Year Low Date||2018-11-13|
|52wk High||0.29||52wk High Date||2018-02-16|
|52wk Low||0.07||52wk Low Date||2018-11-13|