Stock Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
MARTEN TRANS (NASDAQ:MRTN)
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 MRTN
The long term trend has been UP since Jan 4th, 2018 at 21.0500
The intermediate term trend has been DOWN since Feb 9th, 2018 at 21.3495
The short term trend has been DOWN since Feb 20th, 2018 at 21.7000
Smart Scan Analysis for MRTN
Based on a pre-defined weighted trend formula for chart analysis, MRTN scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||29.6||Year High Date||2018-01-26|
|Year Low||20.25||Year Low Date||2018-01-05|
|52wk High||29.6||52wk High Date||2018-01-26|
|52wk Low||12.9897||52wk Low Date||2017-04-19|
|Year End Close||18.39||Average Volume||410,956|
|Shares Outstanding||22,071||Short Interest||357,437|