Stock Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
COVENANT TRANS (NASDAQ:CVTI)
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 CVTI
The long term trend has been UP since Mar 15th, 2018 at 30.3490
The intermediate term trend has been UP since Mar 9th, 2018 at 27.6300
The short term trend has been DOWN since Apr 20th, 2018 at 29.7843
Smart Scan Analysis for CVTI
Based on a pre-defined weighted trend formula for chart analysis, CVTI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||33.36||Year High Date||2018-03-19|
|Year Low||25.16||Year Low Date||2018-02-13|
|52wk High||33.36||52wk High Date||2018-03-19|
|52wk Low||15.86||52wk Low Date||2017-07-11|
|Year End Close||5.53||Average Volume||149,545|
|Shares Outstanding||14,758||Short Interest||34,309|