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Stock Trend Analysis Report

Prepared for you on Thursday, October 18, 2018.


Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

Open High Low ELTP Price Change
0.0785 0.0820 0.0785 0.0800 +0.0014
Entry Signal

MarketClub’s Trade Triangles for ELTP

long term down The long term trend has been DOWN since Oct 8th, 2018 at 0.083

intermediate term down The intermediate term trend has been DOWN since Aug 29th, 2018 at 0.101

short term down The short term trend has been DOWN since Sep 27th, 2018 at 0.086

Smart Scan Analysis for ELTP

Based on a pre-defined weighted trend formula for chart analysis, ELTP scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for ELTP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0785 0.0820 0.0785 0.0800 +0.0014
Prev. Close Volume Bid Ask Time
0.0786 144935 2018-10-18 12:16:08
Year High0.145Year High Date2018-01-11
Year Low0.077Year Low Date2018-10-15
52wk High0.14552wk High Date2018-01-11
52wk Low0.05652wk Low Date2017-10-27
Year End Close0.0799Average Volume671,685
Shares Outstanding350,337Short Interest757,074
% Institutional0.3Assets1.5M
Want to analyze ELITE PHARMA INC ELTP or another symbol? Try our Free Stock Trend Analysis Report.