Stock Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
MARAPHARM VENTURES INC (NASDAQ:MRPHF)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 MRPHF
The long term trend has been DOWN since Feb 27th, 2018 at 0.558300
The intermediate term trend has been UP since May 22nd, 2018 at 0.511703
The short term trend has been UP since May 22nd, 2018 at 0.468000
Smart Scan Analysis for MRPHF
Based on a pre-defined weighted trend formula for chart analysis, MRPHF scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.99||Year High Date||2018-01-03|
|Year Low||0.4021||Year Low Date||2018-05-21|
|52wk High||1.1||52wk High Date||2017-07-03|
|52wk Low||0.4021||52wk Low Date||2018-05-21|