Stock Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
MARATHON PATENT GROUP (NASDAQ:MARA)
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 MARA
The long term trend has been UP since Sep 27th, 2017 at 0.5515
The intermediate term trend has been DOWN since Jan 2nd, 2018 at 3.9200
The short term trend has been DOWN since Feb 21st, 2018 at 2.6500
Smart Scan Analysis for MARA
Based on a pre-defined weighted trend formula for chart analysis, MARA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.06||Year High Date||2018-01-12|
|Year Low||2.25||Year Low Date||2018-02-06|
|52wk High||10.03||52wk High Date||2017-11-27|
|52wk Low||0.5||52wk Low Date||2017-06-20|
|Year End Close||1||Average Volume||850,005|
|Shares Outstanding||34,118||% Institutional||9|