Stock Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
BIOMARIN PHARMACEUTICALS (NASDAQ:BMRN)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 BMRN
The long term trend has been DOWN since Dec 6th, 2017 at 80.579
The intermediate term trend has been DOWN since Jan 10th, 2018 at 88.190
The short term trend has been UP since Feb 14th, 2018 at 84.195
Smart Scan Analysis for BMRN
Based on a pre-defined weighted trend formula for chart analysis, BMRN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||93.4392||Year High Date||2018-01-03|
|Year Low||78.5||Year Low Date||2018-02-09|
|52wk High||100.51||52wk High Date||2017-05-05|
|52wk Low||78.5||52wk Low Date||2018-02-09|
|Year End Close||49.2||Average Volume||1,495,476|
|Shares Outstanding||123,826||Short Interest||9,964,435|