Stock Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NEW AGE METALS INC (CDNX:NAM)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NAM
The long term trend has been UP since Oct 1st, 2018 at 0.08
The intermediate term trend has been UP since Sep 27th, 2018 at 0.07
The short term trend has been DOWN since Oct 3rd, 2018 at 0.06
Smart Scan Analysis for NAM
Based on a pre-defined weighted trend formula for chart analysis, NAM scored +65 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|