Stock Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
MITCHAM INDUSTRIES (NASDAQ:MIND)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 MIND
The long term trend has been DOWN since Apr 11th, 2018 at 3.0800
The intermediate term trend has been DOWN since Apr 11th, 2018 at 3.0948
The short term trend has been UP since Apr 24th, 2018 at 3.1200
Smart Scan Analysis for MIND
Based on a pre-defined weighted trend formula for chart analysis, MIND scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||4.2||Year High Date||2018-01-24|
|Year Low||2.861||Year Low Date||2018-04-17|
|52wk High||5||52wk High Date||2017-05-11|
|52wk Low||2.82||52wk Low Date||2017-08-23|
|Year End Close||13.63||Average Volume||39,989|
|Shares Outstanding||12,838||Short Interest||587,968|