Stock Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
MATERIALISE NV AMERICAN DEPOSI (NASDAQ:MTLS)
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 MTLS
The long term trend has been DOWN since Dec 11th, 2017 at 13.0100
The intermediate term trend has been DOWN since Nov 3rd, 2017 at 14.5576
The short term trend has been DOWN since Jan 16th, 2018 at 12.8550
Smart Scan Analysis for MTLS
Based on a pre-defined weighted trend formula for chart analysis, MTLS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||14.11||Year High Date||2018-01-12|
|Year Low||11.75||Year Low Date||2018-01-03|
|52wk High||16.5||52wk High Date||2017-10-05|
|52wk Low||7.9||52wk Low Date||2017-03-10|