Stock Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NANOSTRING TECHNOLOGIES (NASDAQ:NSTG)
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 NSTG
The long term trend has been UP since Apr 10th, 2018 at 8.670
The intermediate term trend has been UP since Nov 9th, 2018 at 16.355
The short term trend has been UP since Nov 8th, 2018 at 15.490
Smart Scan Analysis for NSTG
Based on a pre-defined weighted trend formula for chart analysis, NSTG scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||18.86||Year High Date||2018-09-13|
|Year Low||5.87||Year Low Date||2018-03-08|
|52wk High||18.86||52wk High Date||2018-09-13|
|52wk Low||5.87||52wk Low Date||2018-03-08|