Stock Trend Analysis Report
Prepared for you on Thursday, June 21, 2018.
OLLIES BARGAIN OUTLET HOLDINGS (NASDAQ:OLLI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 OLLI
The long term trend has been UP since Jan 5th, 2016 at 18.21
The intermediate term trend has been UP since Apr 10th, 2018 at 61.30
The short term trend has been DOWN since Jun 20th, 2018 at 74.55
Smart Scan Analysis for OLLI
Based on a pre-defined weighted trend formula for chart analysis, OLLI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||77.5||Year High Date||2018-06-06|
|Year Low||50.15||Year Low Date||2018-01-04|
|52wk High||77.5||52wk High Date||2018-06-06|
|52wk Low||38.45||52wk Low Date||2017-06-22|