Stock Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
MILLROCK RESOURCES INC (CDNX:MRO)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 UP since Jun 1st, 2018 at 0.275
The intermediate term trend has been DOWN since Jun 27th, 2018 at 0.285
The short term trend has been DOWN since Jul 13th, 2018 at 0.265
Smart Scan Analysis for MRO
Based on a pre-defined weighted trend formula for chart analysis, MRO scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.4||Year High Date||2018-06-04|
|Year Low||0.205||Year Low Date||2018-04-18|
|52wk High||0.43||52wk High Date||2017-09-06|
|52wk Low||0.205||52wk Low Date||2018-04-18|
|Year End Close||0.24||Average Volume||95,305|