Stock Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
INDEPENDENCE ENERGY (NASDAQ:IDNG)
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 IDNG
The long term trend has been DOWN since Dec 6th, 2017 at 0.0061
The intermediate term trend has been DOWN since May 8th, 2018 at 0.0057
The short term trend has been UP since Nov 8th, 2018 at 0.0014
Smart Scan Analysis for IDNG
Based on a pre-defined weighted trend formula for chart analysis, IDNG scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.0088||Year High Date||2018-01-04|
|Year Low||0.001||Year Low Date||2018-10-16|
|52wk High||0.0161||52wk High Date||2017-11-27|
|52wk Low||0.001||52wk Low Date||2018-10-16|
|Year End Close||0.005||Average Volume||952,531|