Stock Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
ATLAS FINANCIAL HOLDINGS (NASDAQ:AFH)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 AFH
The long term trend has been DOWN since Feb 6th, 2018 at 16.600
The intermediate term trend has been UP since Sep 17th, 2018 at 10.850
The short term trend has been UP since Sep 14th, 2018 at 10.555
Smart Scan Analysis for AFH
Based on a pre-defined weighted trend formula for chart analysis, AFH scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||21.5||Year High Date||2018-01-22|
|Year Low||8.05||Year Low Date||2018-07-12|
|52wk High||21.5||52wk High Date||2018-01-22|
|52wk Low||8.05||52wk Low Date||2018-07-12|
|Average Volume||40,733||% Institutional||22.5|