Stock Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
New Age Metals Inc (CDNX:NAM)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NAM
The long term trend has been UP since Oct 1st, 2018 at 0.080
The intermediate term trend has been DOWN since Nov 1st, 2018 at 0.055
The short term trend has been UP since Dec 14th, 2018 at 0.055
Smart Scan Analysis for NAM
Based on a pre-defined weighted trend formula for chart analysis, NAM scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.185||Year High Date||2018-01-02|
|Year Low||0.045||Year Low Date||2018-09-11|
|52wk High||0.185||52wk High Date||2018-01-02|
|52wk Low||0.045||52wk Low Date||2018-09-11|