Stock Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
MICRONET ENERTEC TECHNOLOGIES (NASDAQ:MICT)
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 MICT
The long term trend has been UP since Nov 24th, 2017 at 1.350
The intermediate term trend has been DOWN since May 15th, 2018 at 1.320
The short term trend has been DOWN since May 23rd, 2018 at 1.329
Smart Scan Analysis for MICT
Based on a pre-defined weighted trend formula for chart analysis, MICT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.77||Year High Date||2018-01-02|
|Year Low||0.903||Year Low Date||2018-02-09|
|52wk High||1.77||52wk High Date||2018-01-02|
|52wk Low||0.65||52wk Low Date||2017-10-25|