Stock Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
ECHO GLOBAL LOGISTICS (NASDAQ:ECHO)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 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 Jul 16th, 2018 at 29.850
Smart Scan Analysis for ECHO
Based on a pre-defined weighted trend formula for chart analysis, ECHO scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||32.95||Year High Date||2018-01-29|
|Year Low||24.35||Year Low Date||2018-02-23|
|52wk High||32.95||52wk High Date||2018-01-29|
|52wk Low||13||52wk Low Date||2017-07-31|
|Year End Close||17.97||Average Volume||376,516|
|Shares Outstanding||23,163||Short Interest||1,963,935|