Stock Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
CONTINENTAL GOLD INC ORDINARY SHARES (NASDAQ:CGOOF)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 CGOOF
The long term trend has been UP since Jan 8th, 2018 at 2.8635
The intermediate term trend has been DOWN since Feb 9th, 2018 at 2.8471
The short term trend has been UP since Feb 14th, 2018 at 3.0800
Smart Scan Analysis for CGOOF
Based on a pre-defined weighted trend formula for chart analysis, CGOOF scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.223||Year High Date||2018-01-12|
|Year Low||2.6035||Year Low Date||2018-01-03|
|52wk High||4.3933||52wk High Date||2017-02-17|
|52wk Low||1.9||52wk Low Date||2017-05-04|
|Year End Close||8.82||Average Volume||41,421|
|Shares Outstanding||116,723||% Institutional||57.4|