Stock Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
ICONIX BRAND GROUP (NASDAQ:ICON)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ICON
The long term trend has been DOWN since Mar 7th, 2017 at 7.4650
The intermediate term trend has been DOWN since Jun 28th, 2018 at 0.5810
The short term trend has been UP since Sep 25th, 2018 at 0.2613
Smart Scan Analysis for ICON
Based on a pre-defined weighted trend formula for chart analysis, ICON scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||2.06||Year High Date||2018-02-12|
|Year Low||0.21||Year Low Date||2018-09-14|
|52wk High||5.96||52wk High Date||2017-09-27|
|52wk Low||0.21||52wk Low Date||2018-09-14|
|Year End Close||22.32||Average Volume||1,225,741|
|Shares Outstanding||68,224||Short Interest||6,845,963|