Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
ANAVEX LIFE SCIENCES CORP COMMON (NASDAQ:AVXL)
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 AVXL
The long term trend has been DOWN since Sep 12th, 2018 at 2.5100
The intermediate term trend has been UP since Sep 26th, 2018 at 2.8200
The short term trend has been UP since Oct 9th, 2018 at 2.6834
Smart Scan Analysis for AVXL
Based on a pre-defined weighted trend formula for chart analysis, AVXL scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||4.35||Year High Date||2018-06-11|
|Year Low||1.85||Year Low Date||2018-04-17|
|52wk High||5.15||52wk High Date||2017-10-23|
|52wk Low||1.85||52wk Low Date||2018-04-17|
|Year End Close||0.79||Average Volume||381,130|