Stock Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
MERCK KGAA DARMSTADT GERMANY AMERICAN DEPOSITARY RECEIPTS - SPONSORE (NASDAQ:MKKGY)
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 MKKGY
The long term trend has been DOWN since Aug 15th, 2017 at 35.22
The intermediate term trend has been UP since Jul 6th, 2018 at 20.05
The short term trend has been DOWN since Jul 11th, 2018 at 19.94
Smart Scan Analysis for MKKGY
Based on a pre-defined weighted trend formula for chart analysis, MKKGY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||22.84||Year High Date||2018-01-16|
|Year Low||18.53||Year Low Date||2018-03-23|
|52wk High||45||52wk High Date||2017-07-25|
|52wk Low||18.53||52wk Low Date||2018-03-23|