Stock Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
ARADIGM CORP COMMON STOCK (NASDAQ:ARDM)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 ARDM
The long term trend has been DOWN since Jan 12th, 2018 at 3.300
The intermediate term trend has been UP since Mar 15th, 2018 at 1.339
The short term trend has been DOWN since Apr 24th, 2018 at 1.500
Smart Scan Analysis for ARDM
Based on a pre-defined weighted trend formula for chart analysis, ARDM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||7.2||Year High Date||2018-01-02|
|Year Low||1.03||Year Low Date||2018-03-02|
|52wk High||7.3512||52wk High Date||2017-12-29|
|52wk Low||0.78||52wk Low Date||2017-05-17|
|Year End Close||0.1279||Average Volume||132,818|
|Shares Outstanding||201,346||% Institutional||67.7|