Stock Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
AVINGER INC (NASDAQ:AVGR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for AVGR
The long term trend has been DOWN since Jan 28th, 2016 at 14.3460
The intermediate term trend has been DOWN since Sep 13th, 2017 at 0.2800
The short term trend has been DOWN since Sep 13th, 2017 at 0.3035
Smart Scan Analysis for AVGR
Based on a pre-defined weighted trend formula for chart analysis, AVGR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||4.24||Year High Date||2017-01-05|
|Year Low||0.22||Year Low Date||2017-09-13|
|52wk High||5.15||52wk High Date||2016-09-23|
|52wk Low||0.22||52wk Low Date||2017-09-13|