Stock Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
IPG PHOTONICS (NASDAQ:IPGP)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 IPGP
The long term trend has been UP since Oct 27th, 2016 at 88.76
The intermediate term trend has been DOWN since Jan 30th, 2018 at 241.26
The short term trend has been DOWN since Feb 16th, 2018 at 236.47
Smart Scan Analysis for IPGP
Based on a pre-defined weighted trend formula for chart analysis, IPGP scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||264.111||Year High Date||2018-01-16|
|Year Low||213.58||Year Low Date||2018-01-02|
|52wk High||264.1114||52wk High Date||2018-01-16|
|52wk Low||116.02||52wk Low Date||2017-03-06|
|Year End Close||66.65||Average Volume||475,530|
|Shares Outstanding||51,270||Short Interest||6,854,821|