Stock Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
MILLROCK RESOURCES INC (CDNX:MRO)
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 MRO
The long term trend has been DOWN since Aug 13th, 2018 at 0.210
The intermediate term trend has been UP since Oct 17th, 2018 at 0.165
The short term trend has been DOWN since Nov 19th, 2018 at 0.120
Smart Scan Analysis for MRO
Based on a pre-defined weighted trend formula for chart analysis, MRO scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.4||Year High Date||2018-06-04|
|Year Low||0.115||Year Low Date||2018-10-05|
|52wk High||0.4||52wk High Date||2018-06-04|
|52wk Low||0.115||52wk Low Date||2018-10-05|
|Year End Close||0.24||Average Volume||81,753|