Stock Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
Arco Platform Ltd CL A (NASDAQ:ARCE)
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 ARCE
The long term trend has been DOWN since Sep 28th, 2018 at 23.000
The intermediate term trend has been DOWN since Dec 11th, 2018 at 21.750
The short term trend has been UP since Jan 18th, 2019 at 22.495
Smart Scan Analysis for ARCE
Based on a pre-defined weighted trend formula for chart analysis, ARCE scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||25.59||Year High Date||2018-09-26|
|Year Low||20.2||Year Low Date||2018-10-15|
|52wk High||25.59||52wk High Date||2018-09-26|
|52wk Low||20.2||52wk Low Date||2018-10-15|