Stock Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NEWGIOCO GROUP (NASDAQ:NWGI)
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 NWGI
The long term trend has been DOWN since Aug 21st, 2018 at 0.3805
The intermediate term trend has been UP since Aug 29th, 2018 at 0.5000
The short term trend has been DOWN since Oct 15th, 2018 at 0.5220
Smart Scan Analysis for NWGI
Based on a pre-defined weighted trend formula for chart analysis, NWGI scored -65 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|