Stock Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
Newgioco Group (NASDAQ:NWGI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NWGI
The long term trend has been DOWN since Aug 21st, 2018 at 0.3805
The intermediate term trend has been DOWN since Dec 26th, 2018 at 0.3100
The short term trend has been UP since Jan 16th, 2019 at 0.4000
Smart Scan Analysis for NWGI
Based on a pre-defined weighted trend formula for chart analysis, NWGI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||1.78||Year High Date||2018-05-15|
|Year Low||0.145||Year Low Date||2018-01-05|
|52wk High||1.78||52wk High Date||2018-05-15|
|52wk Low||0.085||52wk Low Date||2017-12-13|