Stock Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
INNOVATION PHARMACEUTICALS INC COMMON (NASDAQ:IPIX)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Sep 20th, 2018 at 0.2930
Smart Scan Analysis for IPIX
Based on a pre-defined weighted trend formula for chart analysis, IPIX scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.84||Year High Date||2018-01-30|
|Year Low||0.208||Year Low Date||2018-09-18|
|52wk High||1.17||52wk High Date||2017-12-06|
|52wk Low||0.208||52wk Low Date||2018-09-18|