Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

West African Resources Ltd (CDNX:WAF)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

Open High Low WAF Price Change
0.230 0.230 0.225 0.220 0.000
Entry Signal

MarketClub’s Trade Triangles for WAF

long term down The long term trend has been DOWN since Apr 5th, 2018 at 0.380

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2018 at 0.255

short term down The short term trend has been DOWN since Jan 11th, 2019 at 0.230

Smart Scan Analysis for WAF

Based on a pre-defined weighted trend formula for chart analysis, WAF scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for WAF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.230 0.230 0.225 0.220 0.000
Prev. Close Volume Bid Ask Time
0.230 22000 2019-01-17 14:15:29
Year High0.5Year High Date2018-01-08
Year Low0.23Year Low Date2018-10-19
52wk High0.552wk High Date2018-01-08
52wk Low0.2352wk Low Date2018-10-19
Average Volume50,546Volatility78.25
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