Stock Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
NET ELEMENT (NASDAQ:NETE)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NETE
The long term trend has been UP since Sep 18th, 2017 at 0.8098
The intermediate term trend has been DOWN since Jul 27th, 2018 at 7.0908
The short term trend has been UP since Aug 9th, 2018 at 7.0400
Smart Scan Analysis for NETE
Based on a pre-defined weighted trend formula for chart analysis, NETE scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||15.5||Year High Date||2018-01-02|
|Year Low||5.22||Year Low Date||2018-03-02|
|52wk High||33.51||52wk High Date||2017-12-21|
|52wk Low||2.556||52wk Low Date||2017-09-12|
|Year End Close||3.49||Average Volume||107,521|
|Shares Outstanding||28,338||Short Interest||34,670|