Stock Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
MARATHON PATENT GROUP (NASDAQ:MARA)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DOWN since Mar 1st, 2018 at 2.190
The intermediate term trend has been DOWN since Sep 11th, 2018 at 0.845
The short term trend has been UP since Sep 18th, 2018 at 0.880
Smart Scan Analysis for MARA
Based on a pre-defined weighted trend formula for chart analysis, MARA scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||5.06||Year High Date||2018-01-12|
|Year Low||0.81||Year Low Date||2018-09-12|
|52wk High||10.03||52wk High Date||2017-11-27|
|52wk Low||0.81||52wk Low Date||2018-09-12|
|Year End Close||1||Average Volume||913,780|
|Shares Outstanding||34,118||% Institutional||9|