Stock Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
JERICHO OIL CORP (NASDAQ:JROOF)
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 JROOF
The long term trend has been DOWN since May 25th, 2018 at 0.5692
The intermediate term trend has been DOWN since Oct 15th, 2018 at 0.4100
The short term trend has been DOWN since Oct 19th, 2018 at 0.4251
Smart Scan Analysis for JROOF
Based on a pre-defined weighted trend formula for chart analysis, JROOF scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.03||Year High Date||2018-03-15|
|Year Low||0.3695||Year Low Date||2018-08-16|
|52wk High||1.03||52wk High Date||2018-03-15|
|52wk Low||0.3695||52wk Low Date||2018-08-16|