Stock Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
Innovation Pharmaceuticals Inc (NASDAQ:IPIX)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 IPIX
The long term trend has been DOWN since Feb 22nd, 2018 at 0.6500
The intermediate term trend has been DOWN since Sep 12th, 2018 at 0.3625
The short term trend has been UP since Dec 10th, 2018 at 0.1412
Smart Scan Analysis for IPIX
Based on a pre-defined weighted trend formula for chart analysis, IPIX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.84||Year High Date||2018-01-30|
|Year Low||0.1025||Year Low Date||2018-11-20|
|52wk High||1.17||52wk High Date||2017-12-06|
|52wk Low||0.1025||52wk Low Date||2018-11-20|