Stock Trend Analysis Report
Prepared for you on Friday, September 21, 2018.
ECHO GLOBAL LOGISTICS (NASDAQ:ECHO)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 ECHO
The long term trend has been UP since Oct 26th, 2017 at 20.700
The intermediate term trend has been UP since Jun 4th, 2018 at 28.525
The short term trend has been UP since Sep 20th, 2018 at 35.600
Smart Scan Analysis for ECHO
Based on a pre-defined weighted trend formula for chart analysis, ECHO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||36.75||Year High Date||2018-09-10|
|Year Low||24.35||Year Low Date||2018-02-23|
|52wk High||36.75||52wk High Date||2018-09-10|
|52wk Low||17.7||52wk Low Date||2017-09-21|
|Year End Close||17.97||Average Volume||372,042|
|Shares Outstanding||23,163||Short Interest||1,963,935|