Stock Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
MERSANA THERAPEUTICS (NASDAQ:MRSN)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 MRSN
The long term trend has been DOWN since Jan 31st, 2018 at 14.5005
The intermediate term trend has been UP since Feb 22nd, 2018 at 16.3850
The short term trend has been UP since Mar 13th, 2018 at 14.4500
Smart Scan Analysis for MRSN
Based on a pre-defined weighted trend formula for chart analysis, MRSN scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||18.885||Year High Date||2018-03-21|
|Year Low||12.45||Year Low Date||2018-02-09|
|52wk High||21.01||52wk High Date||2017-10-03|
|52wk Low||12.45||52wk Low Date||2018-02-09|