Stock Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
MYLAN NV ORDINARY SHARES (NASDAQ:MYL)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MYL
The long term trend has been UP since Feb 14th, 2017 at 40.50
The intermediate term trend has been UP since May 9th, 2017 at 38.39
The short term trend has been UP since May 23rd, 2017 at 38.80
Smart Scan Analysis for MYL
Based on a pre-defined weighted trend formula for chart analysis, MYL scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||45.87||Year High Date||2017-03-01|
|Year Low||35.16||Year Low Date||2017-01-24|
|52wk High||50.4||52wk High Date||2016-08-09|
|52wk Low||33.6||52wk Low Date||2016-11-03|
|Year End Close||27.45||Average Volume||5,368,461|
|Shares Outstanding||407,528||Short Interest||33,081,134|