Stock Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
DelMar Pharmaceuticals, Inc (NASDAQ:DMPI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 DMPI
The long term trend has been DOWN since Apr 5th, 2018 at 0.9000
The intermediate term trend has been UP since Jan 8th, 2019 at 0.4750
The short term trend has been DOWN since Jan 10th, 2019 at 0.3551
Smart Scan Analysis for DMPI
Based on a pre-defined weighted trend formula for chart analysis, DMPI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.8194||Year High Date||2018-01-08|
|Year Low||0.3257||Year Low Date||2018-08-13|
|52wk High||1.8194||52wk High Date||2018-01-08|
|52wk Low||0.3257||52wk Low Date||2018-08-13|
|Average Volume||103,151||Shares Outstanding||13,369|