Stock Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
NEWGIOCO GROUP (NASDAQ:NWGI)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 8th, 2017 at 0.75
The intermediate term trend has been UP since Jan 4th, 2018 at 0.27
The short term trend has been UP since Jan 17th, 2018 at 0.60
Smart Scan Analysis for NWGI
Based on a pre-defined weighted trend formula for chart analysis, NWGI scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.65||Year High Date||2018-01-17|
|Year Low||0.145||Year Low Date||2018-01-05|
|52wk High||0.65||52wk High Date||2017-06-26|
|52wk Low||0.085||52wk Low Date||2017-12-13|