Stock Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
CARDINAL ENERGY GROUP (NASDAQ:CEGX)
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 CEGX
The long term trend has been DOWN since Feb 23rd, 2017 at 0.001000
The intermediate term trend has been DOWN since Dec 27th, 2017 at 0.001507
The short term trend has been UP since Mar 15th, 2018 at 0.001300
Smart Scan Analysis for CEGX
Based on a pre-defined weighted trend formula for chart analysis, CEGX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0018||Year High Date||2018-01-10|
|Year Low||0.0004||Year Low Date||2018-02-26|
|52wk High||0.007||52wk High Date||2017-04-05|
|52wk Low||0.0004||52wk Low Date||2018-02-26|
|Year End Close||1.49||Average Volume||2,795,529|