Stock Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
AVINGER INC (NASDAQ:AVGR)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 AVGR
The long term trend has been DOWN since Jan 28th, 2016 at 14.3460
The intermediate term trend has been UP since Jan 18th, 2018 at 0.2300
The short term trend has been UP since Jan 17th, 2018 at 0.2149
Smart Scan Analysis for AVGR
Based on a pre-defined weighted trend formula for chart analysis, AVGR scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.2444||Year High Date||2018-01-18|
|Year Low||0.175||Year Low Date||2018-01-02|
|52wk High||3.4||52wk High Date||2017-01-26|
|52wk Low||0.171||52wk Low Date||2017-12-28|